Director disqualification query u/s 274(1)(g)

CA Prateek Garg (CA in Practice) (1447 Points)

05 October 2011  

 

My Question is Related to Section 274(1)(g) of Companies Act, 1956

As per Section 274(1)(g) director of a defaulting company is disqualified only if such defaulting company is a Public company and once he became disqualified he can't be appointed asdirector of a company.(as per Starting line of Section 274) 

but Proviso under clause (g) says that he can't be appointed as director of a Public Company for 5 Years from the date of default by Public Company in which he is a director.

now my Question is
Proviso disqualified a director for appointment in a Public Company only and that also for 5 years only 

does it mean that he can be appointed in a Private company ?


and if he can't be appointed in a private company also then in case of Private company for which Period he can't be appointed
for 5 Years or 
for whole life or 
something else 

Please Clarify

Thanks in Advance