Please Help: appointnent of fulltime cs
Posted Date : 06-Mar-2012 , 10:41:10 am | Posted By dattu
Dear all,
Pls let me know the limit for appointment of full time CS in a private company
Pls let me know the limit for appointment of full time CS in a private company
Category : Corporate Law | Answers : 2 | Comments : 0 | Hits : 270
Answers
Answer By: AKHIL MAHESHWARI
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.
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
See answer for previous question
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