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resignation from whole time directorship

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manisha bansal

company secretary

24 Points Posted on 04 October 2010

dear Friends

ours is a listed co. and our whole-time director has resigned/retired from the post though will continue as director with the company. Through his letter dated 1st september, 2010, he resigns w.e.f 30th September, 2010.

As per our opinion we are supposed to file form 32 for change of designation within 30 days from 30th September and intimate the stock exchanges about the change in the directorship.

Please suggest what other documents and formalities are to be complied with. Do we need to file Form 25 C as well?

regards

Replies (3)

Rakesh Dhanuka

Company Secretary

478 Points Posted on 04 October 2010

No need to file form 25C.

Ajay Mishra

Company Secretary

74352 Points Posted on 05 October 2010

Dear Ms. Manisha

In case of change in position of director, you only file Form-32 with ROC with in 30 days from the date of resignation and no need to file Form 25C, because this form is oly for appointment or re-appointment.

Regards