WHOLE TIME COMPANY SECRETARY
This query is : Resolved
07 May 2009
As per Section 383A(1) of Companies Act,company having a paid-up share capital of rupees twenty five lakhs or more is required to hv a whole time company secretary.
Does it mean the company should hv CS for full year or evn for part of the year is valid.
Does it mean the company should hv CS for full year or evn for part of the year is valid.
Deepak Agrawal
(Expert)
08 May 2009
Refer below (I have replied three times by mistake as error occured after i submitted.)
Deepak Agrawal
(Expert)
08 May 2009
For answer refer below
Deepak Agrawal
(Expert)
08 May 2009
For lifetime from the day (which may be in middle of the year) its paid up capital reaches Rs. 25 Lakhs or more.
Here question of full year or part year do not come.
Here question of full year or part year do not come.
08 May 2009
For your information ,apart from the specific query,Rs 25 lakhs has been amended several times. The latest,among others, is in the following link https://www.mca.gov.in/MinistryWebsite/dca/notification/pdf/GSR11(E)_20jan2009.pdf
Ankur Garg
(Expert)
09 May 2009
You guys really need to update your knowledge regarding limits of 383A.
CS is appointed for lifetime if paid up share capital is more than Rs. 2 crore.
With effect from 11-6-2002 every co. having paid up share capital of Rs. 2 crore and above shall have a whole time CS.
Regards
CS is appointed for lifetime if paid up share capital is more than Rs. 2 crore.
With effect from 11-6-2002 every co. having paid up share capital of Rs. 2 crore and above shall have a whole time CS.
Regards
Ankur Garg
(Expert)
09 May 2009
You guys really need to update your knowledge regarding limits of 383A.
CS is appointed for lifetime if paid up share capital is more than Rs. 2 crore.
With effect from 11-6-2002 every co. having paid up share capital of Rs. 2 crore and above shall have a whole time CS.
Regards
CS is appointed for lifetime if paid up share capital is more than Rs. 2 crore.
With effect from 11-6-2002 every co. having paid up share capital of Rs. 2 crore and above shall have a whole time CS.
Regards
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