Comment, if in the following cases, the person concerned will be disqualified to be appointed as a director of a public limited company : (b) Govind was convicted for an offence, not involving any moral turpitude, and se
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 : (b) Govind was convicted for an offence, not involving any moral turpitude, and sentenced to imprisonment for a term of 8 years, but a period of more than 5 years has elapsed from the expiry of the sentence.
Answer & Explanation:
A person who has been convicted for an offence, whether or not involving moral turpitude, and sentenced for more than 7 years cannot be appointed even after the lapse of 5 years from the expiry of the sentence, shall be disqualified. Hence, Govind is disqualified.
Topics: Company Law
Related Questions in this Topic
- Rocking Infra Limited, a company engaged in the business of BOOT contracts of national highways is looking at raising fu...
- Mahesh holds 75% of the equity share capital in Maximum Ltd. Infra Limited is an unlisted company in which Maximum Ltd. ...
- Draft a resolution seeking members' approval for the acceptance of deposits from members and public, assuming necessary ...
- X & Co. was incorporated in March 2018 as a One Person Company. During the financial year ending March 2019, the Company...
- Beta Limited, a listed company, had built its bank borrowings to over ₹ 25 Crore over the past 5 years and there have be...