Removal of Directors
Disqualification
( Success Story: 4957 DIN activated on Pan India)
MUDS Management Pvt. Ltd.
MUDS helps you in:
Drafting of Writ Petition
01
Filing of your matter
with the High Court
02
Appearances by Advocates
and pleadings for the same
03
Final Order from
High Court
04
Filing High Court Order and
Pending compliances
documents with Respective ROC
05
DIN Activation and
removal of Disqualification
06
MUDS Management Pvt. Ltd.
Removal of Directors Disqualification
Restoration of DIN
Revival of Strike Off Company
01
02
03
Services provided by MUDS:
MUDS Management Pvt. Ltd.
If a person —
● has failed to file financial statements or annual returns for consecutively for 3 financial
years; or
● has not repaid the deposits taken or paid interest or redeemed any debentures, such
failure to pay or redeem has taken place for one year or more,
He/she shall also not be eligible to be re-appointed as a director of that company or any other
company for a period of 5 years from the date.
Eligibility criteria to be Disqualified:
MUDS Management Pvt. Ltd.
03 e-CODS on MCA21 portal
02
Overdue Documents as per
Section 403
01 Application before NCLT
03 e-CODS on MCA21 portal
02
Overdue Documents as per
Section 403
01 Petition with High Court
Company was functioning
Case 1
Company was not functioning
Case 2
MUDS Management Pvt. Ltd.
Documents Required:
What is DIN?
DIN or Director Identification Number is a unique
number allocated to both existing director or would
be director of any existing company incorporated
under section 266A and 266G of the Act,2006.
MUDS Management Pvt. Ltd.
Time for some
FAQs
MUDS Management Pvt. Ltd.
What will happen if all the Directors
are disqualified under the scheme?
If for a company any such case arise, either a Promoter or the Ministry of
Corporate Affairs (only in absence of a promoter) shall appoint required
number of directors till the time directors are not appointed in the general
meeting.
MUDS Management Pvt. Ltd.
What is the course of action for any
individual once he/she has served
five years of disqualification?
The individual will have to make an application to Registrar of Companies in
form of DIR-10 as per rule 14(5) of the Companies Act asking for removal of
his/her name from the list. But such application can be made only after
completion of five years.
MUDS Management Pvt. Ltd.
Can any disqualified director act as
a shareholder in the company ?
Irrespective of whether a disqualified director has disqualified under section
164 of the Act of vacated the office under section 167 of the Act, he/she can
still continue to be shareholder of the company.
MUDS Management Pvt. Ltd.
Removal of Directors Disqualification

Removal of Directors Disqualification

  • 1.
    Removal of Directors Disqualification (Success Story: 4957 DIN activated on Pan India) MUDS Management Pvt. Ltd.
  • 2.
    MUDS helps youin: Drafting of Writ Petition 01 Filing of your matter with the High Court 02 Appearances by Advocates and pleadings for the same 03 Final Order from High Court 04 Filing High Court Order and Pending compliances documents with Respective ROC 05 DIN Activation and removal of Disqualification 06 MUDS Management Pvt. Ltd.
  • 3.
    Removal of DirectorsDisqualification Restoration of DIN Revival of Strike Off Company 01 02 03 Services provided by MUDS: MUDS Management Pvt. Ltd.
  • 4.
    If a person— ● has failed to file financial statements or annual returns for consecutively for 3 financial years; or ● has not repaid the deposits taken or paid interest or redeemed any debentures, such failure to pay or redeem has taken place for one year or more, He/she shall also not be eligible to be re-appointed as a director of that company or any other company for a period of 5 years from the date. Eligibility criteria to be Disqualified: MUDS Management Pvt. Ltd.
  • 5.
    03 e-CODS onMCA21 portal 02 Overdue Documents as per Section 403 01 Application before NCLT 03 e-CODS on MCA21 portal 02 Overdue Documents as per Section 403 01 Petition with High Court Company was functioning Case 1 Company was not functioning Case 2 MUDS Management Pvt. Ltd. Documents Required:
  • 6.
    What is DIN? DINor Director Identification Number is a unique number allocated to both existing director or would be director of any existing company incorporated under section 266A and 266G of the Act,2006. MUDS Management Pvt. Ltd.
  • 7.
    Time for some FAQs MUDSManagement Pvt. Ltd.
  • 8.
    What will happenif all the Directors are disqualified under the scheme? If for a company any such case arise, either a Promoter or the Ministry of Corporate Affairs (only in absence of a promoter) shall appoint required number of directors till the time directors are not appointed in the general meeting. MUDS Management Pvt. Ltd.
  • 9.
    What is thecourse of action for any individual once he/she has served five years of disqualification? The individual will have to make an application to Registrar of Companies in form of DIR-10 as per rule 14(5) of the Companies Act asking for removal of his/her name from the list. But such application can be made only after completion of five years. MUDS Management Pvt. Ltd.
  • 10.
    Can any disqualifieddirector act as a shareholder in the company ? Irrespective of whether a disqualified director has disqualified under section 164 of the Act of vacated the office under section 167 of the Act, he/she can still continue to be shareholder of the company. MUDS Management Pvt. Ltd.