AI Summary of 840. Default under section 149(8) concerning fact of director's becoming disqualified under law of another state
840. Default under section 149(8) concerning fact of director's becoming disqualified under law of another state
(1) In this section -
"relevant change amongst its directors", in relation to a company, means the change referred to in section 150(1), namely the case of a director's becoming disqualified under the law of another state (whether pursuant to an order of a judge or a tribunal or otherwise) from being appointed or acting as a director or secretary of a body corporate or an undertaking;
"relevant director" means the director of the company who has become so disqualified under the law of another state;
"statement of particulars of foreign disqualification" means the statement of particulars of disqualification that is required under section 150(1).
(2) If -
(a) a company fails to comply with the requirement under section 149(8) to send to the Registrar the notification of the relevant change amongst its directors and that failure is by reason of a default of the relevant director, or