banner_ad

Change in designation of director & increase in remuneration

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 June 2013 Hello!!!!

In ABC Pvt. Ltd. one Director "S" was appointed as 'Executive Director Marketing'and renumeration payable to him was Rs. 1,50,000 and now his designation has been changed to 'Executive Director Business Development' and renumeration payable to him increased to Rs. 2,00,000.

My Queries are as follows:

1. Form 32 is required to be filed as he is still Executive Director?

2. Any further compliance under Companies Act, 1956 reuired to be followed?

Thanks
Profile Image

CA Kapil Verma

Profile Image

CA Kapil Verma (Expert)
08 June 2013 no requirement of form 32

do make a board resolution for increase in Remuneration.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 June 2013 Thanks sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details