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Nomination Withdrawn

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(Querist)
23 April 2010 If central government withdrawn its nomination from the directorship of a person on the Board of a private ltd company and appoint another person as its nominee director in the same company, is it required to obtain a resignation letter from the removing nominee director for the purpose of attaching Form 32.
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CA Kapil B Gupta

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CA Kapil B Gupta (Expert)
23 April 2010 When the Central Govt. intend to withdraw the nomination of a particular director, Govt. issue a letter to Board of Director and a Board Meeting is convened and a resoluation is passed to withdraw nomiation as per Govt. advise. and it is required to obtain a resignation letter from the removing moninee director and should file Form 32 accordingly.
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