I resigned from the post of Managing Director but continue to be a director of the company. Necessary resolutions were passed. In filling Form 32 under item #5 should we choose change in designation or cessation? Please clarify.
Israel Gnanaraj (Managing Director) (24 Points)
19 July 2010I resigned from the post of Managing Director but continue to be a director of the company. Necessary resolutions were passed. In filling Form 32 under item #5 should we choose change in designation or cessation? Please clarify.
vivek
(CS)
(751 Points)
Replied 20 July 2010
Jagruti (CS)
(Service)
(1953 Points)
Replied 20 July 2010
Yes, You have to select change in designation to Director . That is the correct way.
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