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Section 164(2) doesn’t mandate cancellation or deactivation of DIN of disqualified directors: Madras HC

October 13, 2020[2020] 120 152 (Madras)

COMPANY LAW: Prior notice requirement is not an empty formality as regards disqualification under section 164(2); in terms of rule 11 of Companies (Appointment and Qualifications of Directors) Rules, 2014 (AQD Rules) neither cancellation nor deactivation of DIN is provided for upon disqualification under section 164(2)

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