Whole time director pvt co
This query is : Resolved
25 March 2013
Please Reply :
A Pvt Company has appointed a WTD and a giving remuneration him. Further, in its resolution to the Board Meeting it has mentioned the term ' subject to the approval of the Share holders"
Now please clarify me that
1) Being Pvt Co if it has mention the approval of shareholder, do it require to hold a genral meeting for it.
2) Further, in both the cases do it require to file 23?
A Pvt Company has appointed a WTD and a giving remuneration him. Further, in its resolution to the Board Meeting it has mentioned the term ' subject to the approval of the Share holders"
Now please clarify me that
1) Being Pvt Co if it has mention the approval of shareholder, do it require to hold a genral meeting for it.
2) Further, in both the cases do it require to file 23?
25 March 2013
Hi
In respect of your first query:
Yes, if you have mentioned in BR then you will pass it in Shareholders meeting as and when general meeting hold.
There is no need to call shareholder meeting for that appointment. You have liberty to pass it in any shareholders meeting to be hold after appointment.
In case of your query two:
No, need to file Form-23, because the section 192 is not applicable to appointment of WTD. You only pass a general resolution.
In respect of your first query:
Yes, if you have mentioned in BR then you will pass it in Shareholders meeting as and when general meeting hold.
There is no need to call shareholder meeting for that appointment. You have liberty to pass it in any shareholders meeting to be hold after appointment.
In case of your query two:
No, need to file Form-23, because the section 192 is not applicable to appointment of WTD. You only pass a general resolution.
Message likes :
1 times
25 March 2013
My Pleasure.........
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
- GSTR9- ITC
- Audit of F and O T/O
- GST 9- Table 8
- REVENUE RECOGNITION AS PER IND AS 115
- RCM on GTA Services
- How to update Transaction data in broker samco account holding after transfer shares KARVY
- Applicablity on tds
- Unable to generate and save json file for updated return
- GST payable under RCM
- WRONGLY UPLOADED 10IF FOR COOPERATIVE SOCIETY
- Related to Rate of Depreciation
- Mismatch of Sales Invoice in GSTR-1
- Query on Mismatch of Sales Invoice in GSTR-1
- Import purchase entry
- Rule 54(1A) for Distributing ITC
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
Trending Online Classes
-
LIVE Course on GSTR-9 & GSTR-9C (Technical | Practical | Concept - Based)
Sachin Jain03 November 2025
CAclubindia
