Appointment of Company Secretary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 March 2010
My Company failed to appoint A whole Time Company Secretary as its capital is more than 5 crores.
Please provide some guidelines to be saved from penalty.
Please provide some guidelines to be saved from penalty.
30 March 2010
Please go through section 383A carefully which provides a defense to the company of financial problem to appoint CS.
Regards
Regards
30 March 2010
Proviso to 383A is given below. There are two defences:
Provided that in any proceedings against a person in respect of an offence under this sub-section, it shall be a defence to prove that
all reasonable efforts to comply with the provisions of sub-section (1) were taken or
that the financial position of the company was such that it was beyond its capacity to engage a whole-time secretary
Provided that in any proceedings against a person in respect of an offence under this sub-section, it shall be a defence to prove that
all reasonable efforts to comply with the provisions of sub-section (1) were taken or
that the financial position of the company was such that it was beyond its capacity to engage a whole-time secretary
31 March 2010
AGREE WITH EXPERTS.
04 April 2010
AGREE WITH EXPERTS.
04 April 2010
Agree with Experts.
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