We have appointed additional directors under section 260 of the Companies Act, 1956.
These Directors neither want to get regularised in the AGM nor ready to resign before the date of AGM, stating that directorship will get over on the date of AGM.
Section 260 of the Companies Act provides that if the appointment is not regularised in the AGM, the office will become vacant.
Suppose, if we do not regularise the director in the AGM., and Eform No. 32 is not filedfor regularisation, still the MCA system will show the name of the said director in the list of directors or not?
Whether it is mandatory in that case to file Form No. 32 ?