Disqualifications under clause (g) of sub-section (1) of section 274 of the Companies Act, 1956

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..... 1) of section 274 of the Companies Act, 1956 03. (a) Whenever a company fails to file the annual accounts and annual returns, as described in sub-clause (A) of clause (g) of sub-section (1) of section 274, persons who are directors on the last due date for filing the annual accounts and the annual returns for any continuous three financial years commencing on and after the first day of .....

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..... ns cited under this Rule shall also apply to the reappointment as a director. Explanation . For the purpose of this rule, it is clarified that non-payment of dividend referred to in sub-clause (B) of clause (g) of sub-section (1) of section 274 due to the reason of dividend not being claimed or kept in separate bank account as required under section 205A of Companies Act, 1956 or paid into In .....

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