[section 33(1)(c)] Ø Form Nos.29 and 32 may be filed within 30 days after incorporation.However, it is advisable to file them at the time of incorporation.

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Ø Form No.32 prescribed under the Companies (Central Government’s) General Rules & Forms, 1956 in duplicate in respect of the first directors shall be filed with the Registrar, in the case of every company. Ø The date of appointment of the directors will be entered in the Register of Directors kept under section 303 with respect to each director immediately after the incorporation of the company. Appointment of directors in the case of a private company which is not a subsidiary of a public company In case of a private company, like in the case of other companies, first directors hold office from the date of incorporation of the company.

Also, the first directors need not be appointed at the general meeting held before the date of first annual general meeting of the company in case of a private company which is not a subsidiary of a public company.

The above statement can be inferred by reading section 254 of the Companies Act, 1956 which says that in default of and subject to any regulations in the articles of a company, subscribers to the memorandum who are individuals shall be deemed to be the directors of the company, until the directors are duly appointed in accordance with section 255.

The articles may adopt the provisions of Table A (Regulations for Management of a Company Limited by Shares) of Schedule I to the Companies Act, 1956 in the articles of association of the company.

The first directors shall hold office till directors are appointed in accordance with the provisions of section 255 at the first general meeting held after the date of incorporation.

However, the meeting shall be held before the date of holding the first annual general meeting of the company.In that case, regulation 64 provides that the names of the first directors shall be determined in writing by the subscribers of the memorandum or a majority of them.In such a case, the subscribers must determine the names before or at the incorporation of the company and give intimation thereof to the Registrar by Form No.Generally, the first directors are named in the articles. The general practice is that the promoters of the company select the first directors and name them in the articles.The Department of Company Affairs (Now, Ministry of Corporate Affairs) vide DCA’s Circular No.In the absence of any contrary provision in the articles of association of a private company regarding the appointment of first directors, the first directors who have been appointed under the articles may hold office till they are duly appointed at the general meeting held before the holding of the first annual general meeting of the company.