Appoitment of executive director by pvt co

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 April 2012 What is the procedure for appointment of Executive Director by Pvt Co. which is not subsidiary of public company...?

Please advice.

12 April 2012 The Board can appoint ED in its Board Meeting as an Additional Director and he/she will retire at next AGM and he/she can be reappointed in AGM.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 April 2012 As per my understanding we have to File form 32 first for apt as Additional Director and then another Form 32 for change in designation to ED.

Should I have to file Form 32 again at the AGM?


12 April 2012 Not required to file again for appointing as ED. In the same appt as AD, he can be designated as ED and accordingly Form 32 can be filed.

12 April 2012 Hi


Yes, u should file Form-32 for change in position, with in 30 days from date of AGM.


Regards





You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries