Economics · Corporate Law
Under Section 164 of the Companies Act, 2013, a person is disqualified from being appointed as a director if he:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Has a minor personal loan repayment default with a commercial bank
- 2Has been convicted of any offense and sentenced to imprisonment for 7 years or more✓
- 3Fails to file his individual personal income tax return
- 4Fails to attend three consecutive Board meetings
Correct answer
Has been convicted of any offense and sentenced to imprisonment for 7 years or more
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