Appointment of MD in 2 Pvt Ltd

[Shyam Naik]

Respected Members,

Facts : -

1) Mr. X is Managing Director in Company A(A Pvt Ltd Co.).

2) He was appointed as Managing Director in another Pvt Ltd Co., (Company B) on 01/02/12. Invertently, specific notice disclosing his already being MD was not given as Company B was not aware and hence there is no discussion regarding the matter in the Board Resolution.Form 32 has been filed.

3) Mr. X does not draw any remuneration from Company A wef. 01/02/12.

Query:-

What is the solution ?

Is it possible to change the notice disclosing full facts and submit the notice as an additional attachment to the already filed form 32?

Kindly advise and help.

Best Regards,

 

Shyam Lal Naik

AI Summary

Managing Director's Dual Role: Addressing Form 32 Disclosure Omission under Companies Act, 2013. Mr. X, initially the Managing Director of Company A, was appointed as Managing Director of Company B without disclosing his existing position at Company A. This omission was due to Company B's unawareness, and the matter was not discussed in the Board Resolution, although Form 32 was filed. Mr. X stopped receiving remuneration from Company A from the date of his new appointment. The query seeks a solution for rectifying the notice issue by submitting an additional attachment to the already filed Form 32. The response questions whether the problem persists following the implementation of the Companies Act, 2013.