Change of designation from director to md
This query is : Resolved
Abhijit Rane
(Querist)
27 June 2013
PLZ GUIDE ME ON THE PROCEDURE TO BE ADOPTED FOR CHANGE IN DESIGNATION OF DIRECTOR TO MD IN A PRIVATE COMPANY.
HE WAS A MD IN ONE OF OUR OTHER COMPANY IN WHICH I HAVE TO CHANGE HIS DESIGNATION TO NON EXECUTIVE DIRECTOR.
SECONDLY I WANT TO MAKE HIM MD IN OTHER COMPANY WHERE IS IS ALREADY A NON EXECUTIVE DIRECTOR AND PAY HIM REMUNERATION/SALARY FROM THAT COMPANY.
PLEASE GUIDE
REGARDS,
ABHIJIT
PLZ GUIDE ME ON THE PROCEDURE TO BE ADOPTED FOR CHANGE IN DESIGNATION OF DIRECTOR TO MD IN A PRIVATE COMPANY.
HE WAS A MD IN ONE OF OUR OTHER COMPANY IN WHICH I HAVE TO CHANGE HIS DESIGNATION TO NON EXECUTIVE DIRECTOR.
SECONDLY I WANT TO MAKE HIM MD IN OTHER COMPANY WHERE IS IS ALREADY A NON EXECUTIVE DIRECTOR AND PAY HIM REMUNERATION/SALARY FROM THAT COMPANY.
PLEASE GUIDE
REGARDS,
ABHIJIT
Ajay Mishra
(Expert)
27 June 2013
Hi
Pass a Board resolution and change their position. After passing Board Resolution file Form-32 with ROC with in 30 days from changing.
Before doing this, you will take consent from such director for such changes.
Pass a Board resolution and change their position. After passing Board Resolution file Form-32 with ROC with in 30 days from changing.
Before doing this, you will take consent from such director for such changes.
Abhijit Rane
(Querist)
27 June 2013
Thanks Ajay
do i need to file 23 for board resolution?
do i need to file 23 for board resolution?
Ajay Mishra
(Expert)
27 June 2013
No need to file Form-23.
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