Query on Section 165 (Companies Act, 2013)

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RAJI KUMAR

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May 28, 2014, 3:39:45 AM5/28/14
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Dear Members,

After filling Form MBP-1 and DIR-8 form on e of my foreign director, I got to know that he is director in almost 32 foreign companies.

My Query is as per Section 165 of the Companies Act, 2013, the directors can be director in 20 Companies.

Whether my Director should comply with Section 165. Is he need to resign from the 12 foreign companies?


Professionals Pls Reply.

Regards,
Raji kumar      

ANUJ RASTOGI

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May 28, 2014, 3:56:56 AM5/28/14
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Dear Raji,

As per my understandin limit provided in Section 165 is only for Indian Companies, foreign companies shall excluded for the calculation of limit U/s 165.

Ragards
C.S. Anuj Rastogi

RAJI KUMAR

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May 28, 2014, 4:00:55 AM5/28/14
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Ohhh....... is it so...... Any body else having difference in opinion?


Thanks & Regards,
Raji Kumar


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mansi agarwal

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May 28, 2014, 4:02:16 AM5/28/14
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Can anyone please provide me draft of form dir-8
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Regards,
CS Mansi Agarwal
Agarwal Mansi & Associates
Company Secretaries
M-17, Income Tax Colony,
Tonk Road, Jaipur- 302018 (Raj.)
Mobile- 9251310001/9261547199


RAJI KUMAR

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May 28, 2014, 4:06:29 AM5/28/14
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FYI FORM DIR 8
Intimation by Director.docx

mansi agarwal

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May 28, 2014, 4:08:05 AM5/28/14
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nk u raji kumar ji

ANUJ RASTOGI

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May 28, 2014, 4:41:29 AM5/28/14
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And for your further clarification  as per Section 2 (20) the word "company"  means a company incorporated under this Act or under any
previous company law;
This means its talking about Indian Companies only.

Regards,
Anuj Rastogi

On Wednesday, May 28, 2014 1:09:45 PM UTC+5:30, RAJI KUMAR wrote:

Akriti Mahajan

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May 28, 2014, 4:51:59 AM5/28/14
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Yes, only Indian companies are to be included.


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Thanks & Regards,

Akriti Mahajan 

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RAJI KUMAR

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May 28, 2014, 5:03:20 AM5/28/14
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Ok....

Thanks for clarification.


Regards,
Raji Kumar
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