Change in designation of director

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 November 2011 Hi,
In a private limited company, when an additional director is appointed as a whole time director in AGM, is it a special business? If yes, can somebody please produce a draft!

In the same case while filing form 32, do I have to check the box for disqualification & economic offense?

Also, a resolution passed in AGM cannot have a Board of Resolution number! what is to be filled in Verification II ?

RG - A Helping Hand

RG - A Helping Hand (Expert)
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17 November 2011 Yes it is a special business.

Verification II is just an authorisation for signing E-form. So you can fill BR number in which u auth dir to sign this form 32.

RG

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RG - A Helping Hand

RG - A Helping Hand (Expert)
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17 November 2011 “RESOLVED THAT pursuant to the provision of sections 198, 269 and 309 read with Schedule XIII and all other applicable provisions, if any, of the Companies Act, 1956 (including any statutory modification or re-enactment thereof for the time being in force) and subject to the approval of shareholders at the next General Meeting, Mr. Ajit Kumar be and is hereby appointed as non-rotational Whole Time Director of the company with effect from 28.04.2001.

RESOLVED FURTHER THAT any Director or Company Secretary of the company be and is hereby authorized to file the necessary returns with the Registrar of Companies.”

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Querist : Anonymous

Querist : Anonymous (Querist)

18 November 2011 Thanks a ton Sir,
I am concerned abt the resolution for the AGM!
Do I have to attach an Explanatory Statement too with it?
Thnx in adance!

Querist : Anonymous

Querist : Anonymous (Querist)

18 November 2011 Thanks a ton Sir,
I am concerned abt the resolution for the AGM!
Do I have to attach an Explanatory Statement too with it?
Thnx in adance!

RG - A Helping Hand

RG - A Helping Hand (Expert)
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18 November 2011 Yes

As per section 173 you have to attach explanatory statement with the special business.

RG