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Query relating to appointment of MD

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 April 2010 A public limited company appointed a Non resident as MD and approval from Central Govt was pending. Meanwhile the company became a Pvt limited company and the approval from CG is also obtained. Now the query is should we file form 32 now, because today it is a pvt limited and there is no mandatory requirement for MD appointment.
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Rasesh

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Rasesh (Expert)
14 April 2010 To be on the safer side, since the appointment is made as an MD and at the time when the company was a Public company, file Form 32.

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