regarding filing return for appointment of Managin Director
This query is : Resolved
30 October 2009
as per section 269 of the companies act 1956, a return in form 25c is to be filed with the registrar within 90 days of such appointment.
my question is whether duration of 90 days is to be calculated from the date of appointment or from the date of board resolution and what is the penalty for late filing?
my question is whether duration of 90 days is to be calculated from the date of appointment or from the date of board resolution and what is the penalty for late filing?
30 October 2009
Hi,
As per my suggestion file your form 25C with in 90 days of passing board resolution.
As per DCA clarification passing of board resolution for appointment of managerial personnel subject to the approval of shareholder doesn’t mean that appointment will take effect from the date of share holder approval.
Views of other experts solicited.
Regards
As per my suggestion file your form 25C with in 90 days of passing board resolution.
As per DCA clarification passing of board resolution for appointment of managerial personnel subject to the approval of shareholder doesn’t mean that appointment will take effect from the date of share holder approval.
Views of other experts solicited.
Regards
30 October 2009
thank you sir for quick response.
30 October 2009
sir but say if the board meeting is held on 1st october 2009 and the appointment was made on 1st july 2009, so in this situation what will be the case.
30 October 2009
No it is simply not posible. You can not appoint him retrospectively. Appointment date will be 1.10.2009.
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Free lancer income
- Salary and pension received from Asian Development Bank
- What is provisional receipt number for generation of form 16A
- BIS Certificates
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
