03 July 2014
1.Does company secretary of private company is required to file Dir 12 on appointment under companies act 2013? . 2.does Provision of KMP applicable to private companies under companies Act,2013
03 July 2014
Appointment of CS in private company is dependent on paid up capital.If paid up capital is more than 5 crore then appointment of whole time CS is mandatory and filing of form dir.12 is also mandatory.
KMP provisions are not applicable on private company as private companies are out of the preview of section 203.