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April 2010

Revision of Form 32 pertaining to change in directors, manager, secretaries (vide Notification GSR 68(E), dated 10-2-2010), with effect from 14-3-2010.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Tarun Ghia, Brijesh Cholera, Pratik Mehta | Chartered Accountants
Sejal Vasa | Company Secretary
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Part D : Company Law updates





15 Revision
of Form 32 pertaining to change in directors, manager, secretaries (vide
Notification GSR 68(E), dated 10-2-2010), with effect from 14-3-2010.

Under the Notification :


1. Form 32 can be filed
for those directors who do not have a DIN and who have ceased to be
associated with the company on or before 31-10-2006.

2. Signatory to the form
has to verify that the director has given declaration to the company in
writing that he is not restrained/disqualified/removed of, for being
appointed as a director under the provisions of the Act including S. 203, S.
274 and S. 388E.



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