1) Declaration to be given by Director for non disqualification from the post of Director
_____________( name of the Company )
I Mr____________, aged _________years, resident of ________________ hereby declare that I am not disqualified to act as a Director under the provisions of Section 164, of the Companies Act, 2013 and further state that :
(a) I am not found to be of unsound mind and stands so declared by a competent court;
(b) I am not an undischarged insolvent;
(c) I have not applied to be adjudicated as an insolvent and his application is pending;
(d) I have not been convicted by a court of any offence, whether involving moral turpitude or otherwise, and sentenced in respect thereof to imprisonment for not less than six months and a period of five years has not elapsed from the date of expiry of the sentence:
(e) No order disqualifying me for appointment as a director has been passed by a court or Tribunal and the order is in force;
(f) I have paid all calls in respect of any shares of the Company held by me whether alone or jointly with others, and six months have elapsed from the last day fixed for the payment of the call;
(g) I have not been convicted of the offence dealing with related party transactions under section 188 at any time during the last preceding five years; or
(h) I have complied with provisions of sub-section (3) of section 152 and have been allotted a Director Identification number viz. ______________. I further state that I do not have any other DIN No.
(i) I am not a director of a any Company which—
- • has not filed financial statements or annual returns for any continuous period of three financial years; or
- • has failed to repay the deposits accepted by it or pay interest thereon or to redeem any debentures on the due date or pay interest due thereon or pay any dividend declared and such failure to pay or redeem continues for one year or more, shall be eligible to be re-appointed as a director of that Company or appointed in other Company for a period of five years from the date on which the said company fails to do so.
I further state that the above information is true and correct and no material information is undisclosed by myself. Further I am aware of the consequences for false information and the liabilities that will accrue on account of such false declarations.