Form 32

Dear Pankaj,

I believe you are really confuse.

In your case you don't need to file form-32 at all because you are simply promoting your MD to Chairman for which a simple board resolution is required. You can not consider this activity as change in designation as far as form-32 is concerned. So form-32 is not required in your case.

Whole time director concept is far away from present status os your query.

Dear Pankaj

Chairman is not a designation for which Companies Act require to file any form to ROC, it is only extra power given to the Director/ Managing Director for proper compliance of the Act.

Regards

Ajay