DEEPAK AGARWAL (COMPANY SECRETARY) (41 Points)
17 June 2010Dear all,
Can anyoneconfirm that to appointment a director under section 257 is it necessary that he should be additional director of the Company OR Can a person be appointment as Director directly by virtue of section 257 instead of appting him as additional director....
Mitali Agarwal
(Company Secretary)
(638 Points)
Replied 17 June 2010
Definitely a person can be appointed as a director u/s 257 directly without his app. as Additional Dir.
As app. u/s 257 requires calling of General Meeting, that's why most companies prefer to appoint a person as Additional Director in Board Meeting and then confirm his appointment in General Meeting u/s 257 (preferably AGM to avoid calling of GM specially for this purpose)
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 17 June 2010
Totally agree with the learned member !!!
prateek rijwani
(Industrial Trainee)
(125 Points)
Replied 24 June 2010
do agree with concerned members..........!!!
CA H M JOHARI
(CHARTERED ACCOUNTANT)
(191 Points)
Replied 30 July 2010
IF A ADDITIONAL DIRECTOR APOOINTMENT REGULARISED UNDER SEC 257 IN AGM, IS FORM 32 FILLING IS COMPULSORY FOR THAT DIRECTOR
vivek
(CS)
(751 Points)
Replied 30 July 2010
Yes, then only his name as Director will be shown on MCA portal otherwise his name as Additional Director will be shown on Signatory Details.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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