Sir
Can we change the designation of a Whole time director to Executive director , he is drwaing the salary rs. 1 lakh in hte company.
Regards
Dipti
Sneha
(Company Secretary)
(1594 Points)
Replied 02 May 2013
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 21 May 2013
Yes, you can change the designation by passing suitable resolutions. However, Form 32 need not be filed for change in designation from WTD to ED.
Thanks
Sneha
(Company Secretary)
(1594 Points)
Replied 21 May 2013
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