Did you get Disqualified from Directorship?
The drastic step of Mass Disqualification of Directors and deactivation of DINs by ROC has left the whole Industry flabbergasted and startled. This is not a road block but a beginning in the line with Compliance module. Directors are being provided with various opportunities to get their Disqualification Removed and DIN Restored even if they are not willing to revive the Company or the Company is not in operation due to any reason.
A Writ Petition in the High Court for Removal of Directors Disqualification is a way out
Writ Petition in the High Court for Removal of Directors Disqualification
*In case you are not willing to revive your company or your company is not eligible for Revival or the same is not in operations or if Bank Account is not available, then you can file Writ Petition in High Court and get immediate interim relief. Whole process can run in 10 Days.
The Process Ahead
- Drafting of Writ Petition.
- Filing the matter with the High Court.
- Appearance by Advocates and pleadings for the same.
- Interim Order from the High Court
- Filing the High Court Order and Pending Compliance Documents with Respective ROC.
- DIN Activation and Removal of Disqualification.
The whole process takes about 10 days.
*The content of this article is intended to provide a general guide to the subject matter. Specialist professional advice should be sought about your specific circumstances. The views expressed in this article are solely of the authors of this article. Author can be reached at mudsmanagement@gmail.com.
Author Bio
can we apply for a new DIN if the previous DIN was disqualified?
It would be better if under what provisions the restoration of DIN is possible be indicated. Otherwise this article will merely act as soliciting business.