11 December 2012
Sir A person was Promoter Director of private limited company and got resigned few years back. Now,he is reappointed as director. My question is while filing form 32 which category should I choose - Promoter/Professional/Independent Normally, we choose Promoter in case of New Company and the system is not accepting category as Independent(a message showing it is applicable only to listed/public company). Please solve my problem.
I will suggest you to use the category "Promoter". The person who was promoter by subscribing the shares of the Company will always be a promoter and the subscriber sheet will never change in whole life of the company.