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Re-Appointment of WTDs

Mitali Agarwal (Company Secretary) (638 Points)

24 June 2010

Hello Friends,

I filed forms for re-app. of WTDs and in each form there is a query raised by ROC in the form "Waiting for User Clarification" that Company has not attached shareholders' meeting resolution.

The Board resolutions were passed for re-app. and the same will be confirmed in the ensuing AGM in August.

Now, how can I attach the resolutions. I have attached Board resolutions wherein it is clearly specified that this resolution is subject to approval in GM.

Now what to attach in Form 67 to be filed?

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10 Replies

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 24 June 2010

Comment from ROC is ok...No need to attach GM resolution...Everything is fine and just wait for ROC approval. That's it. However if u r not sure then u may go for form 67 with GM resolution.

Thanks

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Mitali Agarwal (Company Secretary) (638 Points)
Replied 24 June 2010

But Sir, the mail from MCA says that the incompleteness in the form should be made complete by Form 67, otherwise the e-form filed will be considered as invalid and the transaction will be cancelled.

Now, what should be the corrective measure?

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 24 June 2010

Just go ahead as per our PM discussion !!!

There is no point seeking clarification from ROC people.

Mitali Agarwal (Company Secretary) (638 Points)
Replied 24 June 2010

Thanks a lot Sir.

Would go through the same route!

Just wanted to know whether it creates any problem if the details of temrs and cond. of app. of WTDs are not filled in Form 25C.

But the same are in Board res. attached?

Vishal Dang ((Company Secretaries)) (93 Points)
Replied 24 June 2010

Dear Mitali,

You please submit the form 67 with a clarification that re-aapointment was made in the Board Meeting subject to approval of shareholders and make it clear to ROC official otherwise your form would be expired and would be treated as defult in filing.

Regards

Vishal

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Hina Sadrani (c S) (32 Points)
Replied 24 June 2010

On the similar issue, I was instructed by departmental officer to file an undertaking that as soon as the Resolution is approved by Shareholders in General Meeting, we will file the same.

Regards

Hina

Mitali Agarwal (Company Secretary) (638 Points)
Replied 24 June 2010

Thanks a lot to all of you.

(Guest)

Originally posted by : Ankur Garg
	Comment from ROC is ok...No need to attach GM resolution...Everything is fine and just wait for ROC approval. That's it. However if u r not sure then u may go for form 67 with GM resolution. Thanks

totally agree with mr. ANKUR

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 24 June 2010

Originally posted by : Mitali Agarwal
	Thanks a lot Sir. Would go through the same route! Just wanted to know whether it creates any problem if the details of temrs and cond. of app. of WTDs are not filled in Form 25C. But the same are in Board res. attached?