Mitali Agarwal (Company Secretary) (638 Points)
14 January 2010Hello Friends,
A public ltd. unlisted co. wants to reappoint its MD and Whole time directors (tenure of office ending on 01.04.2010).
Please clarify that whether the following procedure is correct for the same:
1- BM for re-appointments subject to shareholders approval and approving notice of EGM
2- EGM (to be held in Jan.) and Ordinary Resolutions to be passed for re-appointment of MD & WTDs
3- Form 25 C to be filed individually for MD and WTDs & Form 23 for re-appointment of MD.
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17848 Points)
Replied 15 January 2010
Dear Mitali,
It seems your procedure is absolutely right. But check whether it require SR or not depending upon the facts of your case and ensure part i and ii of Schedule XIII must be duly complied with.
CAclubindia
