Filing of form 25c

This query is : Resolved 

23 November 2013 Whether it's mandatory to file Form 25C in case of appointment of MD in a Pvt. Co. having paid up capital of Rs2.00 crs.
To eloborate the case -:

Com. A - a joint venture of B & C co., where B holds 51% share & C holds 49% shares. Thus a Subsidiary of Co. B
where,
Com B- is a State govt. co.(formed as Pvt. ltd)

Com C- is Pub. co

Now, as per the terms of JV, co. C will nominate one of Director as MD of JV.

Accordingly, Co. C nominated one of its Director as MD.So, pl. suggest regarding filing of Form 25 C OR it's not required.

23 November 2013 For private limited company unless it is not a subsidiary of public company, not required to file Form-25C with ROC.

You only file Form-32 for change in position of director.



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