HC: No interim relief to directors who were disqualified u/s 164(2)

Satish Kumar Gupta Vs Union of India (Bombay High Court) Conclusion: Where a director was disqualified under section 164(2) of the Companies Act 2013 for not filing Financial Statements and Annual Returns continuously for a period of three years, then, the disqualification was incurred and no interim relief  was to be granted for the same as these were ministerial or administrative act of filing which was to be performed by the Company. Held: Assessee prayed for an interim relief to be granted to directors who were disqualified under section 164(2)of the Companies Act 2013 . He contended tha...