Legal Question in Banking Law in India
Whether a Director of a company which is defaulter in non-payment of bank loans is eligible to become a director of another company; is there any restriction as per Indian laws.
Asked on 10/29/10, 12:24 am
2 Answers from Attorneys
Rashmi Bhatia Sangare
Private Practise
Yes he can become a Director.
Answered on 10/29/10, 3:32 am
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