Query relating to appointment of MD
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 April 2010
A public limited company appointed a Non resident as MD and approval from Central Govt was pending. Meanwhile the company became a Pvt limited company and the approval from CG is also obtained. Now the query is should we file form 32 now, because today it is a pvt limited and there is no mandatory requirement for MD appointment.
14 April 2010
To be on the safer side, since the appointment is made as an MD and at the time when the company was a Public company, file Form 32.
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