23 May 2013
SIR, I HAD FILED A FORM 1A OF PVT LTD WITH 2 PROPOSED DIRECTORS AND WE GOT THE NAME APPROVAL; BUT NOW THE DIRECTOR WANTS TO ADD ONE MORE DIRECTOR IN THE MEMORANDUM. THE FORM 32 AND THE PROCEDURE IS YET TO BE COMPLETED. PLEASE GUIDE ME HOW SHOULD I RESOLVE THE SITUATION? WHETHER NEW DIRECTOR BE ADDED AS PROMOTER OR IN ANY OTHER CAPACITY?
23 May 2013
I think there should be no issue. You can add the director as independent director. There can be a difference in the numbers of directors and promoters.