Rights of Disqualified Directors to Approach the Court for Restoration of DIN
Rights of Disqualified Directors to approach the court for restoration of DIN for companies that failed to file the annual returns before ROC.The Government’s Move To Debarred Directors Of Companies Who Have Not Filled Annual Returns For Three Successive Years Is Likely To Be Challenged In Courts Citing Retrospective Application Of Companies Act, 2013. As A General Rule, Law Is Always Applicable Prospectively, Unless Any Prior Date Is Mentioned Specifically Says Sumit Naib.