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Law Aspire (Legal)     17 January 2012

Independent directorship

 

A person has been Appointed as Director in 2004 in a Public Unlisted company. In that year Physical filing was done for ROC matters and no category like Promoter, Professional, and Independent existed in Form 32. Now another public unlisted ltd company in which the Same person is Promoter director wants to go for an public issue. And for that matter that person is required to be shown Independent director in the first mentioned company. In that case can we file Form 32 for change in designation and showing his Category as Independent and Non-executive Director or what else we can do to show his independent directorship in that first company.



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