Managing director
This query is : Resolved
abhilasha jain
(Querist)
17 December 2012
If a Public company intends not to reappoint a person as Managing Director/ Whole Time Director after the expiry of 5 years tenure, What is the procedure of it.
and what to be done if 5 years tenure completed on 2007 and no procedures(like filing 25C) followed for reappointment or non reappointment and MCA is showing the designation MD or Whole time Director till date.
and what to be done if 5 years tenure completed on 2007 and no procedures(like filing 25C) followed for reappointment or non reappointment and MCA is showing the designation MD or Whole time Director till date.
Ajay Mishra
(Expert)
18 December 2012
Hi
If you are not intended to continue for further period of MD or WTC, then you will pass a board resolution for change in designation for the above director by filing Form-32.
If you existing MD or WTD tenure are expired earlier then you can not rectified today. On other hand, you can not appoint any MD/WTD retrospectively.
If you are not intended to continue for further period of MD or WTC, then you will pass a board resolution for change in designation for the above director by filing Form-32.
If you existing MD or WTD tenure are expired earlier then you can not rectified today. On other hand, you can not appoint any MD/WTD retrospectively.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- ARCA LOGIN
- Rectification under processing even after 6 months cpc portal
- TDS Return Statement Status
- Closer of business and itc of capital goods
- Appointment of Auditor By Form ADT-1
- RCM and same line
- Capital gain on commercial property and investment in residential property
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
