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TMI Blog2017 (10) TMI 1667X X X X Extracts X X X X X X X X Extracts X X X X ..... pointment and Qualification of Directors) Rules, 2014, prima facie provides for rectifying the defect by enabling the defaulting companies to file their returns. However, the said Rule does not provide what is required to be done by the respective authorities. In the light of the fact that a defaulting company is allowed to rectify the defect by filing the returns which have not been filed earlier ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is noticed and the prima facie opinion of the Committee is that a rectification is required to be made restricting the scope of disqualification to the defaulting company. There shall be a direction to respondent No.1 to restore DIN Numbers 00057433 and 00129701 of petitioners 2 and 3 insofar as petitioner No.1-Company, so as to enable them to submit annual returns of petitioner No.1 Company for t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 the defaulting companies to file their returns. However, the said Rule does not provide what is required to be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me, 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 restricting the scope of disqualification to the defaulting company. 4. In the light of the above discussion, there ..... X X X X Extracts X X X X X X X X Extracts X X X X
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