Defaulting Director Can Be Disqualified from All Companies, Section 164 Is a Reasonable Restriction Under Article 19(1)(g): Karnataka High Court
The Karnataka High Court, in a crucial interpretation of Section 164(2) of the Companies Act, 2013, has held that a director can be disqualified from holding the position not only in the company in default but in all other companies where the person serves as a director, even if no allegations are made in those companies. This significant decision came from Justice Suraj Govindaraj while deciding the writ petition filed…
