22 February 2016
In a Public Company, there is a Director appointed as Managing Director. He was appointed as MD 5 years ago and now his tenure of 5 years is over. Now we Dont want to file form MR-1 as the director is ok if he is only a director in Company and not a Managing Director. On MCA, the Status of Director in Master Data of that Company is Still showing as Managing Director even after completion of 5 years from his appointment. I want to know if there is a need to file form DIR-12 for his conversion from Managing Director to Director or any other Compliance for changing his designation as Director..