2017 (10) TMI 1067

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..... l corollary of the same would be that the designated/competent authority is required to take the same into consideration. As the filing has to be done through e-platform, the same cannot be done unless access is provided to. The authorized individual/Director has to file the same, which obviously requires providing access by the authorities. In the light of the above discussion, there shal .....

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..... the respondents. 2. It appears that there is a lacuna in the procedure that is required to be followed by the Companies, which are defaulted in filing their annual returns and the consequent disqualification of the Directors to rectify the defect. 3. Rule 14 of the Companies (Appointment and Qualification of Directors) Rules, 2014, prima facie provides for rectifying the defect by enabling t .....

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..... 9;ble Union Minister of Finance, Corporate Affairs and I B, discloses that the anomaly in relation to the same, particularly, with regard to the disqualification that is earned by an individual not only with respect to the defaulting company, but also with respect to the other companies, is noticed and the prima facie opinion of the Committee is that a rectification is required to be made restri .....

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