HC Notice to Govt over Disqualification of Shell Cos' Directors The Delhi High Court has issued notice to the Ministry of Corporate Affairs and Registrar of Companies (RoC) on a petition challenging the disqualification of more than one lakh directors of shell companies.The Ministry of Corporate Affairs, last month, identified 1,06,578 directors of shell companies for disqualification.While issuing notices to the ministry, the HC also stayed the disqualification of three such directors. Advocate Manish Jain, counsel for the petitioners, challenged the vires, Latin for powers, of Section 164 (2) of Companies Act, 2013 which was notified in the year 2014.Jain said that the section was wholly ambiguous, as it is unclear as to whether it is applicable only to existing directors or extends to all those who no longer are directors of the disputed shell companies. “The vires of the section in question has been challenged,“ Jain told ET. He argued that the ministry had violated the pri