Re-arrangement of directorships

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CS
41 Points Joined April 2012

Hi everyone...

Please explain the procedure for changing the designation of Directors:

Present              Change to    
    MD                  Chairman & Executive Director
 
   Jt. MD              MD
 
   WTD                Jt. MD
 
Present Directorships ends on 31st, July,12.
 
Pre-AGM BM-1st Aug, AGM-31st Aug
 
Whether Sec 314 Applies to Pvt Co?
 
Also which form to be filed 32/24B/25C(23)??
 
Please reply asap.
 
Thanks
 
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On 13 September 2012 at 11:25 Report
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Company Secretary & Compliance Officer
17858 Points Joined November 2008

Before 31st July, hold a Board Meeting and appoint all the 3 WTD on the revised designation on a revised terms and conditions, which will be subject to the approval of shareholders. Then after hold AGM take approval of shareholders.

 

Following forms are to be filed:

Change in the MD: 23, 32, 25C

Change in WTD: 32 and 25C. In case of special resolution file form 23

1 Reply
On 13 September 2012 at 11:31
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CS Final Student Trainee
727 Points Joined April 2012

Dear Shruti,

Sec 314 is applicable on both, Public and Private Company.

 

Regards,

Aditya

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On 13 September 2012 at 12:04

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