The Director who has been declared as defaulter has resigned from the Company. But the Company has not submitted the resignation with ROC in terms of Form 32. The Company has also defaulted in filing its Annual filing with ROC. Henceforthe the Company is also a defaulter.
Now, the situation is such that the director who has resigned has become a director in a newly formed company and since he being declared as defaulter is not in a position to file any relevant forms for the new company. He is the authorised signatory for the company.
Kindly suggest how can he come out of the defaulter's list. Also he cannot approach the old company, coz he had submitted his resignation in the year 2007.
Plese suggest a solution.
Thanks and Regards, Shahid
Guest
Guest
(Expert)
12 January 2012
Unless and until default is made good by filing resignation letter and doing annual filing of company in which he is director. There is no resolution to your problem.
CAclubindia
