Director of a defaulting company has to now vacate his directorship in other companies while retaining his position only in the defaulting company. Legality of this rule introduced by the Centre recently has been upheld by the Madras high court.
from Chennai News, Latest Chennai News Headlines & Live Updates - Times of India https://ift.tt/2tfDcV7
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Madras HC upholds Companies Act validity
Sunday, 29 December 2019
Madras HC upholds Companies Act validity
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