Appointing additional director as an director
This query is : Resolved
10 December 2012
sir please tell me the process for convertin additional diretcor of a private limited company as an whole time director
10 December 2012
The tenure of additional director is till conclusion of next AGM...the director automatically removed from the position if no resolution is being passed by AGM regarding regularization of director....
If you want to convert additional director to WTD..then you may convert by passing a resolution in AGM or in EGM
not forget to include the special business in notice...
If you want to convert additional director to WTD..then you may convert by passing a resolution in AGM or in EGM
not forget to include the special business in notice...
10 December 2012
1) Additional director hold office upto the date of the next AGM and not at the conclusion of next AGM.
Ref:- proviso to section 260 of the Companies Act,1956.
2) Regularization of Addl. Director is a 'special business' and an 'ordinary resolution' will suffice if Articles of Association of the company do not provide otherwise.
Ref:- proviso to section 260 of the Companies Act,1956.
2) Regularization of Addl. Director is a 'special business' and an 'ordinary resolution' will suffice if Articles of Association of the company do not provide otherwise.
10 December 2012
Hi
Agreed with experts.
Procedure for Appointment of WTD and Regularisation of Additional Directors.
1. Call a Board Meeting for proposal of appointment of WTD and regularization of additional director.
2. Hold a Board Meeting for above purpose and call general meeting.
3. File Form-25C within 90 days from the date of appointment and Form-32 for change in Position as WTD.
4. Hold a General Meeting for passing of resolution under section 257 to regularize the additional director and appointment of WTD.
5. File Form-32, with ROC, of change in position of director attach certified copy of shareholders meeting. (you only mentioned in Form-32 as change in Position and designation will be WTD).
6. Take entry in Minutes.
Agreed with experts.
Procedure for Appointment of WTD and Regularisation of Additional Directors.
1. Call a Board Meeting for proposal of appointment of WTD and regularization of additional director.
2. Hold a Board Meeting for above purpose and call general meeting.
3. File Form-25C within 90 days from the date of appointment and Form-32 for change in Position as WTD.
4. Hold a General Meeting for passing of resolution under section 257 to regularize the additional director and appointment of WTD.
5. File Form-32, with ROC, of change in position of director attach certified copy of shareholders meeting. (you only mentioned in Form-32 as change in Position and designation will be WTD).
6. Take entry in Minutes.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
