Section 274(1)(g)

This query is : Resolved 

26 July 2013 A a director of X Ltd.,Y Ltd., Z Ltd., has defaulted in repayment of interest on Public Deposit for more than 1 year.Whether A can be reappointed as Director in all of the above mentioned Companies?
please answer as soon as possible.

26 July 2013 Disqualified u/s 202 and 274.
Regards

26 July 2013 Go to the following link, it may help you:

https://www.caclubindia.com/articles/a-note-on-disqualification-of-a-director-under-section-274-1-g-of-the-companies-act-1956-13579.asp




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