Please Help: appointnent of fulltime cs
Posted Date : 06-Mar-2012 , 11:11:16 am | Posted By: Dattu
Category :
Corporate Law | Answers :
4|
Comments :
1| Hits: 540
|
|
Dear all,
Pls let me know the limit for appointment of full time CS in a private company |
 |
|
|
Answers:
|
 Answer by: Ketan Samdani |
| The limit is paid up share capital of Rs. 2.00 crores.
|
| Answer by: AKHIL MAHESHWARI |
| Dear All, The limit of 2 Crores has been increased to Rs. 5 Crores w.e.f. 15/03/2009.
|
| Answer by: AKHIL MAHESHWARI |
| Dear Dattu, Amended & Applicable Provision from 15th March 2009:
Get Mandatory Compliance Certificate: in Two cases
·2 1) if your share capital is between 50 lakhs & 2 crores;
·22 2) if your share capital is between 2 crores & 5 crores and you have not appointed whole time company secretary.
Mandatorily appoint a Whole Time Company Secretary: In these cases
· 1) if your share capital is between 2 crores & 5 crores and you have not got the Compliance Certificate;
· 2) if your share capital is above 5 crores.
And, NO special provisions for Companies having its registered office in a place with a population of less than one lakh as per 2001 census.
|
| Answer by: Rambabu Senkarasetti |
| 5 crores or above paidup share capital.
|
|
|
| Comments |
| Posted By : CS Shilpi Bhardwaj |
21-Mar-2012, 02:35:09 |
| Dear Akhil
As per my understanding the companies having paid up capital of Rs.5 crore and above, has to appoint a whole time Company Secretary and in case of companies having paid up capital of Rs, 10Lac or more, get mandatory Compliance Certificate from a Practicing Company Secretary.
Other views are welcomed.
|
| |
|
|
|
|
