Legal Question in Business Law in India
Difference between Ban and Blacklist. and if company is blacklisted then director of the same company may be affect in other group companies.
Asked on 10/14/11, 10:53 pm
3 Answers from Attorneys
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
yes chances are there as investors generally invest after looking who the directors are.
Answered on 10/15/11, 12:26 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Directors are independent of the company. If there is a "Ban", company cannot be formed. If there is a "blacklisting", that means the company after formation has been removed from list of some department for a particular activity. You should clarify your question and write details.
Answered on 10/15/11, 4:39 am
KarVai Legal Solutions
Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in
i agree with above answer
Answered on 10/16/11, 12:22 am
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