Form 32

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Anil (Querist)
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27 July 2014 1) Should one mention in point 5 of form 32 - the designation of additional director as just Director or Additional director.

Assume Additional Director is appointed.

1) If the category mentioned in Form 32 in point 5 is promoter:

a) Does he has to invest money in company compulsorily?

b) If yes , when?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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27 July 2014 Form 32 has become infructuous now. Hence answer reserved.

Message likes : 1 times

Anil

Anil (Querist)
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27 July 2014 Thanks for your reply sir.

Please read form 32 as DIR-12 in question and reply . Thanks

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Ankur Garg

Ankur Garg (Expert)
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27 July 2014 No.

If you select promoter in from DIR.12, no compulsorily investment would be required.

For appointment of Additional director, check my article available at the link below:

https://www.caclubindia.com/articles/procedure-for-appointment-of-additional-director-in-ca-2013-20653.asp

Thanks