Companies Act

MCA flags DINs of Directors found disqualified for a period of five years

MCA flags DINs of Directors found disqualified for a period of five years

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.

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.

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