16 February 2010
I am filing form 20B of a public limited co. for the F.Y. 2006-07. At that time, there were 7 directors. But now in 2009, two directors have resigned thereby remained only five directors. My query is that detail of 7 directors is to be given or of 5 directors to be given in the form. Further, Amount of secured loan as on the date of concerned AGM i.e 29/09/2007 is to be mentioned or amt due on current AGM date is to be mentioned. Please reply as it is very urgent due to notice issued by the ROC.
16 February 2010
In clause IV of form 20 B particulars of the number of directors as on 29/09/2007 has to be furnished. In clause V of form 20 B particulars of those directors retired since 29/09/2007 has to be furnished. Yes in clause II of form 20 B amount of secured loan as on 29/09/2007 has to be mentioned.
17 February 2010
Thanks for the answer, Sir I have little confusion more i.e.You have written that In clause V of form 20 B particulars of those directors retired since 29/09/2007 has to be furnished. but in the form it is stated as such that the detail of directors who ceased from the date of Last AGM is to be given. The directors have resigned from the co.in 2009. i.e. in feb' 2009 and May' 2009. I think that detail of directors ceased between 29/09/2006 and 29/09/2007 is to be given. Am I right??? It not, please clarify me what should be done and why??? Please reply.
CAclubindia
