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Querist : Anonymous

Querist : Anonymous (Querist)

25 August 2013 At the time of incorporation when you fill Form 32 do the directors who are subscribers to memorandum need to give consent to be directors? Further which of the options Chairman, executive director or non executive director needs to be selected?

CA M Indani

CA M Indani (Expert)

25 August 2013 1). Subscribers are the shareholders.
Consent to be given of the proposed directors...whose DIN are applied for.
2) IT's BOD's decision ..who shall be the Chairman/ Ex Drtr/.... OR all are general directors only..

Querist : Anonymous

Querist : Anonymous (Querist)

25 August 2013 Yes so the subscribers are directors and have din so should consent be attached?

Ajay Mishra

Ajay Mishra (Expert)

25 August 2013 Hi

If you are incorporating private limited company, then you will take consent letter from director who is subscriber to act as director of the proposed company, but you will not attached it with Form-32.

without attachment you can file Form-32. portal.

It will depend on you to appoint him as chairman, executive or non executive.

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