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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.<br>https://muds.co.in/removal-of-directors-disqualification/
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Removal of Directors Disqualification ( Success Story: 4957 DIN activated on Pan India) MUDS Management Pvt. Ltd.
MUDS helps you in: 01 03 02 Filing High Court Order and Pending compliances documents with Respective ROC Appearances by Advocates and pleadings for the same Drafting of Writ Petition Filing of your matter with the High Court Final Order from High Court DIN Activation and removal of Disqualification 04 06 05 MUDS Management Pvt. Ltd.
Services provided by MUDS: Removal of Directors Disqualification 01 Restoration of DIN 02 Revival of Strike Off Company 03 MUDS Management Pvt. Ltd.
Eligibility criteria to be Disqualified: 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. MUDS Management Pvt. Ltd.
Documents Required: 01 03 01 02 02 03 Overdue Documents as per Section 403 Petition with High Court e-CODS on MCA21 portal e-CODS on MCA21 portal Application before NCLT Overdue Documents as per Section 403 Company was functioning Company was not functioning Case 2 Case 1 MUDS Management Pvt. Ltd.
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.
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.