Company Secretary

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This query is : Resolved

Pawan Patil (Querist)

19 March 2008 Respected Sir,

I want to know when company Secretary is compulsary ? Suppose Abc's Pvt. Ltd.company is paid up capital is 50 Lac, is it compulsary to take Company Secretary full time or part time ?

You immediate response will highly appreasiate

With best regards,

Vilas Choudhari

CA Praveen Chopra

CA Praveen Chopra (Expert)

19 March 2008 If the paid share capital of the company exceeds Rs.2 crores,it has to employ a whole time secretary.if your paid capital is 50 lakh than appointment of company secretary is not compulsory but you have to take a compliance certificate from a company secretary in whole time practice if your paid capital is in between 10 lakhs to 2 crores.

Pawan Patil

Pawan Patil (Querist)

19 March 2008 Respected Pravin Chopara Sir,

Thanks for sending reply,

Chartered Accountant can make compliance Certificate given to company or Company Secretary is complusary for making compliance report above 10 Lac ?

With best regards,

Vilas Choudhari

CA Praveen Chopra

CA Praveen Chopra (Expert)

19 March 2008 Only Company Secretary is authorised for it under company law

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