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DISQUALIFIED DIRECTORS
HC restores pilot's license revoked 15 years ago, says DGCA's suspension order 'illegal'The Bombay High Court quashed a 2011 DGCA order suspending a pilot's license, deeming it illegal for violating natural justice principles b...- The growing pay gap: AI skills drive 60% higher salaries in techAI-skilled professionals are commanding significant pay premiums, earning up to 60% more than their peers in other tech fields. This wideni...
- Sebi nudges MCA for exemption to nominees of debenture trusteesIn the recent past, there have been instances where the directors appointed by debenture trustees have been disqualified from holding any d...
- It’s up to Maruti board to decide on my directorship, says RC BhargavaBhargava and 14 others have been removed as directors of troubled infra firm IL&FS by the government.
- Explain removal of 1 lakh companies from RoC, action against directors: HC to MCAThe court also temporarily revived the identification numbers of the disqualified directors to allow them to function in other active compa...
- Analytica’s India arm has never filed financial returnsSCL India describes itself as being involved in market research, public opinion polling, besides legal, accounting, bookkeeping and auditin...
- 884 companies under scanner in money laundering cases: Union Minister P P ChaudharyUnion Minister P P Chaudhary, however, he said that not a single company has been deregistered on the charges of money laundering by the go...
- Government set to provide relief for disqualified directorsAs part of clamping down on illicit fund flows, the corporate affairs ministry has disqualified more than 3.09 lakh directors of companies ...
- Disqualified directors get 3 months to put house in orderA draft of the scheme finalised by MCA has been placed before the Delhi High Court in response to various writ petition by directors agains...
- Crackdown on Indian shell companies unearths $1 billion cashIn a speech, PM Modi claimed the move had unearthed over 300,000 shell companies.
- Shell companies crackdown: 4.5 lakh directors may face axeAsserting that genuine corporates will not face action, the minister of state for corporate affairs said non-compliant companies are tarnis...
- Disqualified directors seek reprieve from Ministry of Corporate AffairsThe government could consider coming up with some solution for the aggrieved directors since no recourse is currently available under the C...
- Government crackdown on board directors puts companies in a bindAs part of its crackdown on black money and follows up on the note ban, govt has disqualified more than 3 lakh directors of companies that ...
- 200,000 more directors disqualified for holding posts in defaulting companiesThese directors won’t be able to hold board seats in other companies as well and may have to resign soon from them, potentially impacting o...
- Shell companies: Omar Abdullah, Mohanlal in the list of disqualified directorsAs part of its crackdown against shell cos, govt had cancelled the registration of around 200,000 and restricted bank account operations of...
- Coal scam: High Court seeks Centre's response on SKS Ispat's pleaHC sought the Centre's response on a plea filed by SKS Ispat and Power Ltd challenging the government's decision to disqualify a company.
- Onus of annual reports on directorsAbout 13.95 lakh companies were registered with the Registrar of Companies (RoC) at the end of March 2014. Of this, about 9.52 lakh compani...
- 33% independent directors for unlisted cosUnlisted public limited companies will have to gear up for greater corporate governance standards.
- DCA to bar directors of erring firmsDCA is planning to put in place a framework to track corporate directors who are disqualified from holding office in any company for a peri...
- Norms for disqualifying FI nominee directors easedNEW DELHI: The Department of Company Affairs has let FI nominee directors off the hook. However, they have not been let off that lightly.
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