Compliance report limit for f.y. 2013-14

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VARSHA AGRAWAL (Querist)
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11 August 2014 Dear members, as per new law requirement of appointing CS for pvt. co. is increased to 5 crore paid up capital. So, for f.y. 2013-14 what is the limit for appointing CS for pvt. co.?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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11 August 2014 Five crores. See details in
Companies (appointment and qualifications of secretary) amendment rules, 2009 – amendment in rule 3 notification no. G.S.R. 11 (e), dated 5-1-2009.

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VARSHA AGRAWAL

VARSHA AGRAWAL (Querist)
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11 August 2014 SIR, I want to know that for f.y. 2013-14 limit of compliance report is 10 lacs as per old act or 5 crores as per new act

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Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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11 August 2014 Paid up capital of ten lakh rupees or more. Pl refer proviso to section 383A(1) of The Companies Act,1956.

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CS Richa Kumar

CS Richa Kumar (Expert)
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11 August 2014 Five Crores is the limit for appointing Company Secretary