Redemption Opportunity for Disqualified Directors | M&A Critique - 0 views
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mnacritique on 13 Apr 18Ministry of Corporate Affairs (MCA) identified many directors associated with the companies that had failed to file financial statements or annual returns for a continuous period of three financial years 2013-14, 2014-2015 and 2015-2016 and consequently they became disqualified as per sec 164 (2) of the companies act 2013, to act as Directors.