DIN cannot be deactivated solely for disqualification under Section 164 (2), Companies Act; Section 164 (2) not retrospective: Kerala High Court

The Court passed the ruling while disposing of a batch of over 200 petitions challenging the disqualification of Directors of companies for the failure of their companies to file Financial Statements/ Annual Returns.
Kerala HC
Kerala HC

While upholding the Constitutionality of Sections 164 (2) and 167 (1) of the Companies Act, 2013, which deal with the disqualification of Directors from companies, the Kerala High Court recently made pertinent observations on the impact of these provisions (Zacharia Maramkandathil Mohan and Ors v. Union Of India).

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