Appointment of director as a chairman

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Querist : Anonymous

Querist : Anonymous (Querist)

30 October 2013 R/s,
please tell me what are the provision of appointment of whole time director or independent executive director as a chairman in public comany.
please tell possible results.

Ajay Mishra

Ajay Mishra (Expert)
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30 October 2013 Hi

You only pass a Board resolution and change the position of director. In that case no need to file any form with ROC.

Querist : Anonymous

Querist : Anonymous (Querist)

30 October 2013 SIR, If appointment as a chairman will be of non executive director then what will be the provision.

CA.Vinita Gupta

CA.Vinita Gupta (Expert)
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30 October 2013 File Form 32 with ROC for change of Designation

Ajay Mishra

Ajay Mishra (Expert)
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30 October 2013 Go to the following link:

https://www.caclubindia.com/articles/short-note-on-chairman-of-the-company-15760.asp#.UnDJFxenyVE

Ajay Mishra

Ajay Mishra (Expert)
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30 October 2013 No need to file Form-32, because this change does not required to give intimation in Form-32.

Querist : Anonymous

Querist : Anonymous (Querist)

31 October 2013 sir please tell me if executive director is already appointed as whole time dirctor & we want to appoint him as a chairman then what is the procedure whether we will need shareholder approval or board approval.

Ajay Mishra

Ajay Mishra (Expert)
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31 October 2013 No, only Board approval is required.
call a Board meeting and appoint him as chairman of the company.

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