Appontment & Resignation

swohra (none) (537 Points)

24 May 2010

Dear Members,

Can A private company having 2 directior, resign 1 director and appoint another one by submiting a Form No 32?

Thanks in advance..

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7 Replies

Shruti Chawla (CS) (258 Points)
Replied 24 May 2010

In the Board meeting pass the resolution for appointment first and then for resignation.Likewise do the same in Form - 32.

swohra (none) (537 Points)
Replied 24 May 2010

Shrutiji does it mean that company can submit 32 for both on same day?

Shruti Chawla (CS) (258 Points)
Replied 26 May 2010

As per my understanding...yes...i solicit the views of other learned members....

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 26 May 2010

First file form 32 for the appointment of third director and wait for the approval of form 32 from ROC.

After approval of first form 32 file second form 32 for resignation/cessation of director.

Thanks

Ashish Gupta (CS & Legal) (114 Points)
Replied 26 May 2010

You can file boh the changes in same form 32 only.

But, maintain the order of appointment as Additional Director followed by resignation in the meeting as well as the form.

Rasesh (CS CWA MBA (Fin) B.Com LL.B (Spl)) (6501 Points)
Replied 26 May 2010

Or, if it is not be done in one form only, then in the same form 32, make the appointment on day 1 and note the resignation on day 2.

Gargi Ranade (CS) (619 Points)
Replied 27 May 2010

Yes, Both the changes can be filed through single form 32.

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