Wtd
This query is : Resolved
26 November 2012
Hi
Mr. A is Whole Time Director (WTD) of listed company. If he wants to resign from the post of WTD, can he be appointed as Non Executive Director in the same company on the same day?
Regards
Jagdish
Mr. A is Whole Time Director (WTD) of listed company. If he wants to resign from the post of WTD, can he be appointed as Non Executive Director in the same company on the same day?
Regards
Jagdish
Ajay Mishra
(Expert)
26 November 2012
Hi
You wanted to change in position of director.
If yes, then, You just change the designation/position of WTD and intimate the ROC with Form-32.
You wanted to change in position of director.
If yes, then, You just change the designation/position of WTD and intimate the ROC with Form-32.
CS Ankur Srivastava
(Expert)
27 November 2012
Yes, in this case you need to file form 32 for change in designation.
Message likes :
1 times
05 December 2012
But, is it necessary to take the approval of shareholders in EOGM OR AGM for changing the designation of WTD?
Ajay Mishra
(Expert)
05 December 2012
No need of shareholder resolution only Board Resolution will be sufficient.
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