Removal of Director Disqualification
- Execution of Writ Petition
- DIN Approval
- Simple & Secure Online Process
- Dedicated Professional
- Expert Lawyer Advice
- Get the disqualification removed in 15 days
Introduction
Welcome to Tax and Services, your online destination for legal expertise, resources, and professional support. Today, we address a critical issue in the corporate landscape – the removal of director disqualification. Our platform is dedicated to providing you with comprehensive guidance on this vital legal process.
At Tax and Services, we recognize the challenges that director disqualification can pose to businesses and individuals. Whether due to regulatory non-compliance, legal issues, or other factors, director disqualification requires a strategic and legally compliant approach for resolution.
Reason for Disqualification
- A Director who is part of the board but hasn’t filed the annual returns or financial statements for a consecutive period of three financial years.
- In case earlier an order has been passed by the court or Tribunal disqualifying the director for his appointment.
- A director convicted of any offence by the court, thereby sentenced to the imprisonment for not less than six months
- If the company fails to repay the accepted deposits by it or redeem any debentures on its due date or pay the interest due thereon or pay any dividend which is declared for one year or more
- Any director who has been convicted of any offence related to the related party transactions under section 188 of Companies Act, 2013 during the last preceding five years.
- Any person who is director and who has applied for adjudication as an insolvent or his/her application is still pending.
- If any calls are not paid by the Director in regards to the respective shares held by him or a company, whether alone or jointly.
- A person shall not be eligible to get appointed as a director in any company who was convicted of any offence and sentenced to seven years in prison or more
- If the director is of unsound mind and the competent court confirms the same.
- A Director who is an undischarged insolvent by any court.
Documents Required
- Public Notice of ROC stating the DIN of Director Disqualified
- PAN and Address Proof of the Director
Process of Removal of Disqualification
Private Trust
You are requested to first fill the simple questionnaire provided by our expert team.
2. Document Processing
At the second step we will be requiring the documents in accordance with the questionnaire filled by you so that we can arrange them as per the requirement and for processing.
3. Drafting and filing of writ petition with High Court
This step consists of drafting a writ petition and filing the same with the High Court in accordance with the Article 226 of the Constitution of India. The High Court will order to restore the DIN of the Director
4. Filing of Order with the ROC
After procuring the said order the same will be filed with the respective ROC for activation of DIN.
5. Activation of DIN
Lastly, the DIN is activated by the ROC and the said person is eligible from the date of activation to apply for the post of Director in any Company.