2020 (9) TMI 167 - HC - Companies Law

Disqualification of Directors - defaulting directors - Automatic vacancy of officer of director - Deactivation of the DIN of the defaulting directors - HELD THAT - Issue covered in the decision of MUKUT PATHAK ORS., YOGESH KHANTWAL, AARTI KHANTWAL, AND VINEET WADHWA VERSUS UNION OF INDIA AND ANR. 2019 (11) TMI 319 - DELHI HIGH COURT where it was held that the office of a director shall become vacant by virtue of Section 167(1)(a) of the Act on such director incurring the disqualifications specified under Section 164(1) of the Act. It shall also become vacant on the directors incurring the disqualification under Section 164(2) of the Act after 07.05.2018. However, the office of the director shall not become vacant in the company which is in default under sub-section 164(2) of the Act. Petition disposed off.

Summary

The High Court of Delhi, in a hearing held via video conferencing, granted exemption from filing notarized affidavits and certified copies. The case was disposed of based on a previous judgment dated 04.11.2019.