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Himanshu Kohli

Latest Posts by Himanshu Kohli

Resignation of Director

May 13, 2021 14130 Views 0 comment Print

A director can resign from the office of director by tendering a written notice to the company. Whether the company accepts the resignation or not, is of no grave concern as a resignation by a director is a unilateral act unless otherwise specified in the Article of Association of the Company. So far the mode of notice is concerned, a director can tender his resignation by a post or/and via e-mail.

HC Set aside director disqualification & ordered reactivation of DIN & DSC

September 29, 2020 3882 Views 0 comment Print

HC Setting aside the disqualification of director and reactivating the director identification number (DIN) and digital signature certificate (DSC) The Hon’ble HC of Delhi in the case of Sandeep Agarwal & Anr. Vs. Union of India & Anr set aside the disqualification of the Directors and ordered for reactivation of their respective Director Identification Number […]

Insolvency Resolution Plan – A Jinnie in a Bottle

April 21, 2020 1458 Views 0 comment Print

Insolvency & Bankruptcy Code, 2016 (Code) was introduced  as a reform to improve the financial health of the banks. The objective of the Code is Resolution and the purpose of same being maximization of value of assets of the ‘Corporate Debtor’ and thereby for all creditors. In addition, the objective is to promote entrepreneurship,  avaibility of credit and balance the interest of all stakeholders and not a ‘stakeholder’ or ‘a set of stakeholders’. 

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