Jayesh
(.)
(38 Points)
Replied 25 August 2011
Companies (Disqualification of Directors under section 274(1)(g) of the Companies Act, 1956) Rules, 2003
Which states as under
These rules shall apply to all public limited companies registered under the
Companies Act, 1956.
It’s lateral meaning is that such rules are not applicable for private companies and director disqualified under section 274(1)(g) is not restrained from appointed or reappointed in a private company
CA Sahil Singla..
(Service Tax )
(3746 Points)
Replied 26 August 2011
Jayesh
So it means that sec 274(1)(g) has nothing to do with Private Ltd. co. at all ? Same thing is put forward in munish Bhandari sir's CA Final 13th Edition
Jayesh
(.)
(38 Points)
Replied 26 August 2011
| Originally posted by : sahil singla.. | ||
 |
Jayesh So it means that sec 274(1)(g) has nothing to do with Private Ltd. co. at all ? Same thing is put forward in munish Bhandari sir's CA Final 13th Edition |
 |
Sahil
please find answer to your queries
director of Public Co. defaulting U/s 274(1)(g) can become director in pvt co. ?
yes
or a director of a pvt. co is not disqualified as per Sec 274(1)(g) ?
yes, provided he is not director in any public company or if he is, then has not committed default under sec. 274(1)(g)
CAclubindia
