I have to incorporate a section 25 company with 24 directors. But Form 32 takes the details of 12 directors only. How can i upload second Form 32 alongwith other incorporation forms? Kindly clarify.
CourseCart.in
(Mentor at SHAYVIDZ Academy)
(3756 Points)
Replied 13 March 2010
If the total number is more than twelve, then file another eForm 32 for the remaining person(s) seperately.
also consider the views of other members....
Rasesh
(CS CWA MBA (Fin) B.Com LL.B (Spl))
(6501 Points)
Replied 13 March 2010
Agree with Adarsh.
From 3rd June, 2007 onwards, eForm 32 Addendum can be filed in following cases only:
1. Where status of the SRN of form 32 Addendum is ‘Required Resubmission”
2. Where eForm 32 Addendum is required to be filed in respect of remaining persons
(Director, Manger or Secretary) in connection with eForm 32 filed on or before 2nd June,
2007, for more than three persons.
eForm 32 Addendum is not applicable in case eForm 32 has been filed on or after 3rd June,
2007. If number of persons for which eForm 32 is required to be filed exceeds 12 in case of
director or 4 in case of Manager or Secretary, please file separate eForm 32
RISHI
(cs)
(227 Points)
Replied 13 March 2010
Thanks Rasesh,
But my problem is that I have to incorporate new company with 24 directors and when I upload one Form 32, portal not demands second form 32 for remaining directors.
Nidhi
(Associate)
(21 Points)
Replied 14 March 2010
My query is that when a nominee director's appointment is regularised at the AGM and is appointed as a "Director", do we need to file a Form 32 again? Form 32 has already been filed for reporting the appointment of the nominee director. PLS HELP.
Sharad Suman Das
(art)
(141 Points)
Replied 14 March 2010
HI friends
in my view u file anoyher form 32 for rest of thr Directors
Further for more reliable information u can contact Ministry of Corporate Affairs on follwing contacts.
'A' WING, SHASTRI BHAWAN
RAJENDRA PRASAD ROAD,
NEW DELHI - 110 001
PHONE : 011 - 23384158, 23384660, 23384659
EMAIL : hq.delhi @ mca.gov.in
oandm.dca @ sb.nic.in
Information and Facilitation Center
Shri Surender Wadhwa ( Office - in - charge)
Garage No.14, "A" Wing,
Shastri Bhawan, Rajendra Prasad Road
New Delhi - 110001.
Phone : 011-23386110.
Rasesh
(CS CWA MBA (Fin) B.Com LL.B (Spl))
(6501 Points)
Replied 15 March 2010
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 15 March 2010
Originally posted by : Nidhi | ||
My query is that when a nominee director's appointment is regularised at the AGM and is appointed as a "Director", do we need to file a Form 32 again? Form 32 has already been filed for reporting the appointment of the nominee director. PLS HELP. |
Filing is required to update ROC records.
Best Regards
Yogesh Shah
(Managing Corporate Finance)
(1051 Points)
Replied 17 March 2010
Hye to all,
Limit of Directors to public co. is 12 (inclusive of 12th one). If co. wants to increase number of directors beyond 12, approval of central government is required.
I am not sure whether is it applicable for Sec. 25 co. also or not. But, from the problem Mr. Rishi is facing, I think Sec. 25 co. also get covered in this provision.
I guess, when central govt. approves the same, MCA system will automatically accept directors upto the sanctioned limit.
Kind attn. all other members - am I right?
RISHI
(cs)
(227 Points)
Replied 17 March 2010
Dear Yogesh,
I would like to tell u that section 259 is not applicable on section 25 company so they can go upto any limit of directors.
RISHI
(cs)
(227 Points)
Replied 17 March 2010
Reg. query of Nidhi,
u need not file any form now as nominee director is already appointed as director and not an additional director.
Even when u regularised the appointment, no form is required to be filed.
Yogesh Shah
(Managing Corporate Finance)
(1051 Points)
Replied 17 March 2010
Hye Rishi,
Thnx for letting me know ....
In this case, sorry to say that I don't have any idea .....
If I get any info. on this, I will definately let u know.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India