Important update on "Identification and flagging of Disqualified Directors due to default in Annual filing for FY 2015-16 to 2017-18

Registrar of Companies (ROC) are in process of identification and flagging of Directors disqualified under Section 164(2) of Companies Act, 2013 for their default of non-filing of financial statement or annual return for continuous period of 3 financial years from FY 2015-16 to FY 2017-18.

In this regard, all defaulting directors are required to complete pending statutory returns & all necessary compliances as per the provisions of Companies Act, 2013.

Otherwise, Ministry may initiate action under Section 164 of Companies Act, 2013 and DINs of such Directors are not allowed to be used for filing of Annual forms with MCA site.