Re-appt of md/wtd

Form 25C is to be filed within 90 days from the date of appointment i.e 01/04/11...so you have to pay additional fees..

Though person is appointed subject to approaval at AGM, but as he/she is on the Board from the effective date of his appointment , so form 25C is also to be filed alongwith form 23.

Yes, you have to pay the additional fees if have mentined the effective date of appointment, 01/04/2011.

Dipali ji,

You have to file form 25C withing 90 days from the date of appointment as in your case the date of appointment is 1st April you have to file form 25C withing 90 days of that date.

Form 23 is to be filed within 30 days from the date of resolution.

Dipali,

I am agree with CS Ankur. As well as u hv to form Remuneration committee if you are paying to MD.

Pass Resolution in Remu. Committee then approval of BOD and Consent of members in EOGM/ AGM.

Thanks,

Sandip Rahane

Dear Ankur Shrivastava,

Brief facts are as under :

Date of BM : 15.03.2011

Date of appointment : 01.04.2011

Date of AGM : 30.09.2011

Form 23, 32 and 25C are required to be filed.

Form 32 to be filled with in 30 days of appt, form 25C to be filed within 90 days of appt. Form 23 should be filed within 30 days from the date of resolution appointing MD. So in this case all 3 forms to be filed within 30 or 90 days of date of appt of MD.

Now my query is , Suppose in the AGM resolution of appt of MD could not get passed then what will happen to the directorship of MD and whether director will be liable to refund the amount of salary paid to him? 

Regards, Neha