Reactivate DIN/DSC of directors of defaulting Companies: Delhi HC

Anant Narain Vs Union Of India & Anr. (Delhi High Court) In furtherance of the purpose of CFSS-2020, directors of struck off companies who seek to be appointed as directors of other/new companies, ought to be provided an opportunity to avail of this scheme, provided that they have undergone a substantial period of their disqualification. The scheme clearly seeks to provide a fresh start for directors of defaulting companies who seek appointment in other companies or wish to start new businesses. Therefore, if a substantial period has passed since the disqualification of such directors, the...