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Query related to form no.32

roopesh (Management Consultant) (84 Points)

15 February 2012

Dear All,

I have to file 32 where one Managing Director wants to resigns from the company and one director required to be the md in his place.

Who will digitaly sign on Form No.32? Old Managing Director or New Managing Director?

Thanks in Advance

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6 Replies

Lavina Salian (Asst. Company Secretary) (101 Points)
Replied 15 February 2012

Both cannot sign the Form..The form is required to be signed by the third Director ..

Lavina Salian (Asst. Company Secretary) (101 Points)
Replied 15 February 2012

or Company secretary ...

roopesh (Management Consultant) (84 Points)
Replied 16 February 2012

Dear Lavina Salian

At presently the company having 3 directors including the managing director. Present Manging director and second director require resignation and third director shall be the MD.

Ajay Mishra (Company Secretary) (74332 Points)
Replied 16 February 2012

You should follow the following procedures:

1. First appoint new MD of the company. In the same resolution you mentioned any director of the company authorise to sign and file the same with ROC, thenyou resigned the existing MD.

2. Then You file the Form-32 of the newly appointed MD by using digital signature of any director out of balance two director.

3. After Filing Form-32 of new MD, check portal of MCA showing the new name of MD.

4. Again file Form-32 with ROC for resignation of MD with using the digital signature of balance two directors.

Regards

Ajay Mishra

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