FPC Boardroom Case StudyCase #4

FPC Boardroom Case Study: Statutory Decision

Q: ROC Non-Filing for 3 Years & Director DIN Disqualification

Correct Decision (B): Directors become disqualified for 5 years from reappointment or becoming director in any company, with MCA DIN deactivation and ₹100/day default penalty. Statutory Explanation: Under Section 164(2)(a) of the Companies Act 2013, defaulting on filing financial statements or annual returns for 3 consecutive financial years disqualifies all directors for 5 years and deactivates their DIN across all corporate boards.

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Daily practical decision case studies for Farmer Producer Company (FPC) Directors, CEOs, and Accountants across India, verified by practicing Chartered Accountants.

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2026-09-29

·Board Governance & Director Disqualification

Verified by CA. Hemantha Kumara Y S (Hemantha & Associates)

ROC Non-Filing for 3 Years & Director DIN Disqualification

An FPC has failed to file Form AOC-4 and Form MGT-7A with ROC for 3 consecutive financial years. Under Section 164(2) of the Companies Act 2013, what is the statutory impact on the board directors?

Select Your Governance Decision:Click an option to test your compliance knowledge

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How It Works

Every morning at 12:00 AM IST, one real-world legal and statutory governance scenario is published for FPC boards across India. Each question is peer-verified by practicing Chartered Accountants before release.

1Read the real-world operational scenario and choose 1 legally compliant decision

2Understand the applicable Companies Act sections, ICAI standards, and ROC rules

3Share directly with your FPC board members and WhatsApp leadership group

Past Daily Challenges

4 Case Studies