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Q. > Please Help: appointnent of fulltime cs
Dear all,
Pls let me know the limit for appointment of full time CS in a private company
answered Mar 06, 2012 by Ketan Samdani , V V Nagar
The limit is paid up share capital of Rs. 2.00 crores.
answered Mar 06, 2012 by AKHIL MAHESHWARI , Bhilwara
Dear All, The limit of 2 Crores has been increased to Rs. 5 Crores w.e.f. 15/03/2009.
answered Mar 06, 2012 by AKHIL MAHESHWARI , Bhilwara
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.
answered Jul 01, 2012 by Rambabu Senkarasetti , Guntur
5 crores or above paidup share capital.
CA Sansaar

Comments
CS Shilpi Bhardwaj
21-Mar-2012 , 02:35:09 pmDear 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.