Form 32 upload error

Dear Neha,

If it belongs to promoter group, it should be in promoter category .

Pls provide more details as to wht kind of director u r appointing, its a pvt or public co., etc

thanks archana. further it is pvt. ltd. co.& form 32 is being filed late for regularizing appointment of additional director.

does he belongs to the promoter group..if yes select promoter category else professional if he possesses technical qualification required.

Yes it is a technical problem, if you select the Executive category then the system would not allow you to select Independent Category in both Private as well as Public Companies.

Hi

I read some opinions in this topic. I do not agree above ideal. We can find out some articles at about.com by using Google search.

I USE TO PREFER PROMOTER WITH THE PVT. COS. DIRECTOR WHILE FILING. PRACTICALLY MOSTLY THE COS. APPOINTS DIRECTOR IN PROMOTER CATEGORY INSTEAD OF PROFESSIONAL. RECTIFY IF WRONG.

THANK YOU, 

REGARDS

As per my understanding & experience, promoter category is selected when any one proposed to be appointed belongs to the family of those whose names r appearing in MOA &AOA..ideally said to hve subscribed MOA & AOA .

Independent category is other than promoters and shud be non executive.such person shud not be connected in any ways as mentioned under the defination of ID in clause 49..Pvt co cn appoint independent director but its not mandated by the Act.

Professional category can be used for promoter group and non promoter group as well. It is generally used for taking the benefit of remuneration as restrictions under sec 269,198, sch XIII,etc r not applicable to technical directors possessing technical/professional qualification.

others views welcomed.

thnx

Archana Lahori

Independent Director ---independent of any interest in the company

Professional Director---Having professional expertise(either in terms of qualification or expertise

Promoter Director-who belongs to promoter group.

.....i welcome further view specially regarding promoter group