19 September 2008
I have a query with regard to re-designation of a regular director to Whole time Director. When the Board Meeting was passed in december last year, subsequently Form 23AC was filled. Now this issue has been kept for shareholders approval in the coming AGM however Form 32 for the said director has already been filled with Form 23AC though there is no contravention of any law but technically should'nt Form 32 be filled after shareholders approval(in AGM) ? Please let me know where if iam taking a wrong look at the procedure.
CAclubindia
