Sec 274(1)(g)
This query is : Resolved
25 March 2010
Dear Sir/Madam,
A Ltd has 1,2 & 3 as directors.
B Private Ltd has 1 & 6 as directors.
Who among 1,2,3 and 6 should make Sec 274(1)(g)declaration?
Kindly clarify.
Regards,
Vignesh.J
A Ltd has 1,2 & 3 as directors.
B Private Ltd has 1 & 6 as directors.
Who among 1,2,3 and 6 should make Sec 274(1)(g)declaration?
Kindly clarify.
Regards,
Vignesh.J
Jagruti (CS)
(Expert)
25 March 2010
Hi Vignesh.
As per Section 274(1)(g) every director has to make declaration in format DD-A at the time of appointment.
But as per Audit report every director of public or private have to subit 274(1)(g) notice at the end of financial year.
All i.e. 1,2,3, & 6 have to give notice to the Company every year.
For public Company you shall refer format of DD-A. as per Companies (Disqualification of Directors u/s 274(1)(g) of the Companies Act) Rules 2003.
As per Section 274(1)(g) every director has to make declaration in format DD-A at the time of appointment.
But as per Audit report every director of public or private have to subit 274(1)(g) notice at the end of financial year.
All i.e. 1,2,3, & 6 have to give notice to the Company every year.
For public Company you shall refer format of DD-A. as per Companies (Disqualification of Directors u/s 274(1)(g) of the Companies Act) Rules 2003.
CA Ashok Kumar Sahu
(Expert)
25 March 2010
agree
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