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Form 32

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 June 2013 Can all the directors of Pvt Ltd Company can be Non-Executive Directors?

or

Atleast One chairman or Managing Directors needs to be appointed while forming a Company?
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Ajay Mishra

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Ajay Mishra (Expert)
19 June 2013 Hi


There is no specific provision under the Companies Act, that all directors can not be a non executive director at the time of incorporation.

But yes, a person can not be Managing director at the time of forming of the company, they can only be director of the proposed company.
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Querist : Anonymous

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Querist : Anonymous (Querist)
19 June 2013 thnks,
i have 2 more questions:

1. Is consent letter compulsory for all directors during incorporation?

2. how much is MOA filing fees for 1lakh share capital in Maharashtra for filing Form 1?
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C.A. C.S. Meera Doshi

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C.A. C.S. Meera Doshi (Expert)
19 June 2013 Yes, consent letters are required and fees for MOA is Rs.200/-
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Querist : Anonymous

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Querist : Anonymous (Querist)
19 June 2013 do i have to upload director consent letter in form 32, during incorporation of Pvt Ltd Company?
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Ajay Mishra

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Ajay Mishra (Expert)
19 June 2013 Yes, you will upload the same with Form-32.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
19 June 2013 For private limited companies 'consent letter' from director's is not mandatory, hence no need to attach with e-form 32.
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