As per AOA of the company Board of Directors had power to appoint only additional Director, but appointment was done as Director and Form 32 was filed after a delay of nearly 3 years. Later in AGM the appointment was made as that of Director but no Form 32 is filed till date.
1. What is the validity of both these appointments ?
2. Do the dealyed filing require approval from CLB based General Circular NO.13 of 2007 and General Circular No: 1 /2008 do the approval of CLB is needed for belated filing of Form 32 or the filing can be done by paying fine.
3. IS it mandatory to file form 32 when appointment is again made in AGM. Any case laws to support this.
3. Some legal case laws in this will be more helpful to me.
Thanks and Regards
Arun C Mathew
