about compliance Certificate

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(Querist)
08 October 2009 A Company whose Paid up capital is Rs. 5 crore. in this case Compliance Certificate will be apllicable on the Company or not??????
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Ankur Garg

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Ankur Garg (Expert)
08 October 2009 If you go by the interpretation of COMPANIES (APPOINTMENT AND QUALIFICATIONS OF SECRETARY) AMENDMENT RULES, 2009 - AMENDMENT IN RULE 3 introduced vide NOTIFICATION NO. G.S.R. 11 (E), DATED 5-1-2009 then if paid up capital of your company is exactly 5 crore then you don't have to file compliance certificate. But you have to appoint a whole time Company Secretary.

Regards
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CA Binal Shah

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CA Binal Shah (Expert)
08 October 2009 Agree with Mr.Ankur Garg
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Guest

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Guest (Expert)
09 October 2009 Agree with above answers.

For paid up capital of Rs. 5 Crore or above is stated in the act, for requirement of company secretary

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