New Directors Have Six-Month Grace Period on Disqualification u/s 164(2) of Companies Act, 2013.

Disqualifications for appointment of director - where a person is appointed as a director of a company which is in default of clause (a) or clause (b), he shall not incur the disqualification for a period of six months from the date of his appointment - Section 164(2) of the Companies Act, 2013 .....

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