Under compelling circumstances, a person was appointed a director of a public limited compnay. He has not obtained DIN nor he obtained qualification shares withing 2 months of his co-option. Form 32 could not be filed in the absence of DIN; so also, it cannot be filed for his vacation for non obtention of qualification shares. It is more likely that the company cannot get DIN from him.
Under the circumstances, what are the legal consequences?
Firstly ,All the Director Are Necessary to obtain DIN u/s 266B in two month from companies amendments act 2006
Though he is appointed as Director in pen and paper, he has no existance with out getting a valid DIN No.
So get DIN and after that do the other formalities.
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
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R P S K & Associates
Nashik
CA Inter
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CAclubindia
