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Form 32

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(Querist)
27 July 2014 1) Should one mention in point 5 of form 32 - the designation of additional director as just Director or Additional director.

Assume Additional Director is appointed.


1) If the category mentioned in Form 32 in point 5 is promoter:

a) Does he has to invest money in company compulsorily?

b) If yes , when?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
27 July 2014 Form 32 has become infructuous now. Hence answer reserved.
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Anil

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Anil (Querist)
27 July 2014 Thanks for your reply sir.

Please read form 32 as DIR-12 in question and reply . Thanks
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Ankur Garg

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Ankur Garg (Expert)
27 July 2014 No.

If you select promoter in from DIR.12, no compulsorily investment would be required.

For appointment of Additional director, check my article available at the link below:

https://www.caclubindia.com/articles/procedure-for-appointment-of-additional-director-in-ca-2013-20653.asp


Thanks
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