Disqualification of director

michaelrao (Querist) 18 March 2015 This query is : Resolved
Respected Experts,

Require your guidance in the below quandary:

Can a director who has been disqualified because the company fails to file the financial statements or annual returns, or fails to repay any deposit, interest, dividend, or fails to redeem its debentures, as specified in sub-section (2) of section 164 of the companies act.

my question is if he makes the required remedial measures corrections can he be reinstated as a director during the 5 year ban period applied on him.

your assistance will most graciously be appreciated.

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