Appointment of promoter while submiting Form 1


This query is : Resolved 

(Querist)
30 December 2010 I have obtained a name with 3 promoters 20 days ago. And I want to incorporate the same company with 4 Directors. So I want information about No Objection Certificate for change in number of promoters. Please provide me proforma of the same NOC if possible.

31 December 2010 I think for change in number of directors (additional) there is no need for NOC. I am assuming that the original 3 promotors are continuing anyway. Only when there is change in the original promotors NOC will be required as Directors can be even a non-promoter.

However if at all required, a simple NOC from other directors saying

"We, the promotors are in the process of incorporation of a private / public limited Company with the name of M/s........ under the provisions of the Companies Act, 1956. We have no objection in the inclusion of Mr......... as director of M/s.............. The consent of Mr...... to act as Director of the Company is also enclosed"

and signed by all three promotors will be sufficient.

Ajay Mishra (Expert)
31 December 2010 Agree with experts.....


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