MCA flags DINs of Directors found disqualified for a period of five years
Â
Ministry of Corporate Affairs had flagged the DINs of Directors found to be disqualified under sub-section 2(a) of section 164 of the Companies Act, 2013 w.e.f. 1st November 2016 for a period of five years.
Â
As per Press Release of the MCA, this information is for all the concerned that DINs eligible to be de-flagged on expiry of the period of disqualification are in the process of verification. Necessary action to be taken shortly by MCA.
Â
- Distinction between religious & charitable purposes is determined by institution’s primary or dominant object
- Fit case to issue notice u/s 148 – Relevancy of material & application of mind to objections important
- AO is under an obligation to assign reasons for rejecting explanation of the assessee
- CBIC issues SoP for clearance of imported goods through Foreign Post Offices
- Sale deed executed with full knowledge of only part consideration paid, not void – SC



