Petitioners' Director Status Uncertain; No Disqualification or Liability u/s 162 Until Rights Are Established.

The question, whether the petitioners can be said to be Directors of the subject company is doubtful and without the petitioners / applicants having a clear right to act as Directors and which is being opposed, the question of the petitioners / applicants incurring any disqualification or liability under Section 162 of the Act also, would not arise. - HC .....

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