Comment, if in the following cases, the person concerned will be disqualified to be appointed as a director of a public limited company : (a) Ram has an application pending for adjudication as an insolvent and the applic
CS Professional · Advanced Company Law and Practice · PYQS · June 2019
Comment, if in the following cases, the person concerned will be disqualified to be appointed as a director of a public limited company : (a) Ram has an application pending for adjudication as an insolvent and the application is not yet decided by the authority.
Answer & Explanation:
Section 164 of the Companies Act, 2013 provides disqualification for Appointment of Director. A person who has applied to be adjudicated as an insolvent and his application is pending shall be disqualified. Therefore, Ram is disqualified from appointment.
Topics: Company Law
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