1. A Director of one of our client resigned in Feb 2007. 2. We could not file Form 32 because the said director did not have DIN. 3. We generated it thrice but it got rejected on some pretext or the other. 4. Now, it is likely to get approved. 5. For filing his Form 32 at this stage, do we need to have DIN-3 compliance in place?
The reason for this question is that he was a nominee director in the Indian Company and he has resigned from the parent company a year back. Now, he is not co-operating in completing the Indian company law compliances. Further, we want to avoid going back to him for getting signatures on any docs.
Kindly provide us with a workable solution so that the procedures can be completed without a fuss, at the earlies
You may contact me on my email id.s chetan_5050@yahoo.com or chetan5050@gmail.com
02 February 2008
FOR FILING A NOMINEE DIRECTOR'S WITHDRAWAL IN FORM NO 32 YOU SHOULD HAVE A LETTER FROM THE INSTITUTION WITHDRAWING HIS NOMINATION FROM YOUR COMPANY'S BOARD STATING THAT HIS NOMINATION ON YOUR COMPANY'S BOARD WAS WITHDRAWN BY THAT INSTITUTION WHICH IS AN ENCLOSURE TO FORM 32 . DIN 3 REQUIREMENT WAS WITHDRAWN FROM JULY 2007 AS THE NEW E FORM 32 TAKES CARE OF DIN 3 REQUIREMENTS (PL. VISIT www.mca.gov.in ) no need for nominee director's signatures. R.V.RAO
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