Hello,
We, a private limited company, had appointed a person as Additional Director under CA'1956 just by a board resolution. His appointment will be regularized in the ensuing AGM.
After the new act, we passed another resolution for this person mentioning that he will be appointed as Whole Time Director. The resolution was prepared in light of provisions of Section 196 and we specifically metioned "....be appointed as Whole Time Director, subject to the approval of shareholders and on the following terms and conditions"
Please guide me on the following :
1. Form 32 is already filed earlier in March'13 and his name is appearing as Additional Director. Is there any form to be filed resulting out of this Board Meeting?
2. DIR-12 (change in designation) should be filed only after AGM once he is regularized. Is this correct?
3. MR - 1 should be filed within 60 days of this Board Meeting. Is this correct?
4. MGT-14 is not required as we are private limited company and this person is not KMP. Also the shareholder resolution will also be ordinary. So no need to file MGT-14 (for KMP) and also MGT-14 (after shareholder's approval...being ordinary resoltuion. Is this correct?
Please advise
regards