Hi
I was a director with a company from 2009 to 2010.
For personal reasons I resigned from the company on 25-Jan-10 but the company put in my effective date of resignation in the filed Form 32 in ROC as 1-Feb-10.
During that last week when I had resigned I use to visit the office and was still an authorised signatory.
And during that last week precisely on 28-Jan-10 I signed a cheque which was given to another company for purchasing stock.
However this company in which I was involved was chargesheeted by EOW for fund embezzelement and I have been implicated as a director of the company by EOW for the helping the company in embezelling funds vide the cheque dated 28-Jan-10.
- My query to all experts is that as I was not a director and just an authorised signatory can I provide this plea to EOW.
- Also filing form 32 is not the director responsibility but that of the company and if the company did not file my resignation by 27-Jan-10 how am I to be blamed.
- I would also like to know that in trying to explain EOW that there is always logically a time period between the director resigning and the details being updated on ROC
Please guide me as I am under tremendous stress.
Ranjan