Director and promoter and subscriber

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

07 August 2010 Hi all,

I am registering a company and i have got the name approval also.

In Form 1A i have given X Y and Z are Prospective Directors but in MoA I have shown X Pvt Ltd and Y Pvt Ltd are subscribers. Mr X and Mr Y are Directors in X and Y Pvt Ltd respectively, they sign as representatives of X and Y Pvt Ltd.

Pls let me knw do i have to show Z also as Subscriber in MoA.

If yes kindly give me the provisions

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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07 August 2010 If a no objection certificate from Z is attached with e-form 1, non signing of Z in MOA and AOA can be solved. But in the case of X and Y, as per my understanding, mismatch of e-form 1A with MOA and AOA will create registration problem.

Querist : Anonymous

Querist : Anonymous (Querist)

09 August 2010 There is no mismatch they were the proposed directors and they are still directors in AoA but they are not holding any shares in their capacity,but they are representing X & Y pvt ltd.

pls bit more clear on this matter?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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09 August 2010
Application in individual capacity and subscribing for and on behalf of a company. That is what I mean by mismatch.

Querist : Anonymous

Querist : Anonymous (Querist)

09 August 2010 K thanks Chakrapani,

Can you provide me a format of NOC

Thanks in advance.

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