Nominee Director

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17 July 2007 Dear Sir,

A Nominee Director's Directorship has been withdrawan by the Financial Institution / Bank due to satisfaction of repayment of loan. Now the question is whether this withdrawan to be intimate to registrar through file " FORM.No.32" ? and is it applicable to Nominee Director?

17 July 2007 Yes,
It is must to file Form32 for appointment of even Nominee Director, in addition you have also to fill up the name of company which has nominated him.
for details pls see the below link:
http://www.mca.gov.in/MinistryWebsite/dca/help/instructionkit/1026-Form32_help.PDF



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