27 November 2017
I wish to clarify a doubt As per MCA amendment,(Companies (Removal of Difficulties) Order, 2015 on 13th Feb, 2015) small company means whose paid up capital does not exceed Rs. 50 lacs and turnover as per last profit and loss account does not exceed Rs. 2 crores . If both conditions fulfilled then only it will be classified as other than Small Companies But when fill up MGT 7 the eform asks to affix CS DSC even the company not fulfill the share capital condition i.e the company have only below Rs. 50 Lakh Paid up capital and Turnover above 2 Crores. Then why the eform asks CS sign?
CAclubindia
