CA rohit swami (CHARTERED ACCOUNTANT) (262 Points)
30 April 2013CAN ANY ONE PROVIDE ME A RESOLUTION FOR PVT. CO. WHEN COMPANY NOT WHISHING TO PAY REMUNERATION TO ONE DIRECTOR , WITHOUT REGINATION OF DIRECTOR.....ITS URGENT
Sneha
(Company Secretary)
(1594 Points)
Replied 30 April 2013
According to my perception, no resolution is required to be passed for the same.
CA rohit swami
(CHARTERED ACCOUNTANT)
(262 Points)
Replied 30 April 2013
BUT COMPANY IS PAYING REMUNERTION TO THAT DIRECTOR FROM LAST 2 YEAR, AND NOW COMPANY'S BOARD SUGGEST ABOUT THE NON PAYMENT OF REMUNERATION TO PERTICULAR DIRECTOR.
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 21 May 2013
"RESOLVED THAT payment of remuneration to Mr A, Whole Time Director, be discontinued from _____ (date)."
"RESOLVED FURTHER THAT designation of Mr A be changed from Whole Time Director to 'Director' w.e.f. ______ (date) and Form 32 be filed with Registrar of Companies for change of designation."
CAclubindia
