Disclosure of interest in form 24aa
This query is : Resolved
Shyam Lal Naik
(Querist)
23 June 2012
Whether a director, who has resigned from the Board is required to give notice in form 24AA.
For eg. Company X has 3 directors, namely A, B and C. All of them had given notice in form 24AA on 31/03/11. Director C resigned on 31/08/11. Whether C is required to give notice in form 24AA as at 31/03/2012.
Auditor insisting on the notice from directors, who have already resigned. Please guide?
For eg. Company X has 3 directors, namely A, B and C. All of them had given notice in form 24AA on 31/03/11. Director C resigned on 31/08/11. Whether C is required to give notice in form 24AA as at 31/03/2012.
Auditor insisting on the notice from directors, who have already resigned. Please guide?
24 June 2012
No director C is not required to give declaration in form 24AA as at 31/03/2012 as he resigned well before that.
Shyam Lal Naik
(Querist)
24 June 2012
Thank You Mr. Gupta for your timely reply to this query as well as my query on declaration u/s 274(1)(g).
I have the same view as that of yours on both the questions.
Surprisingly, my auditor, one of the "BIG 4" have a different view.
I have the same view as that of yours on both the questions.
Surprisingly, my auditor, one of the "BIG 4" have a different view.
24 June 2012
In my view both these are not required as he is no more the director of the company.
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