Query in Sch. V - Annual Return
This query is : Resolved
Guest
Guest
(Querist)
03 March 2010
Dear Experts,
Page 8 of Annual Return – Clause (e) where the annual return discloses the fact that the number of members of the company exceeds fifty, the excess consists wholly of persons who under sub-clause (1) of section 3 are not to be included in reckoning the number
of fifty;
Query 1
Whether the said clause shall apply only to 'Company Limited by Members' and not for 'Company Limited by Shares'.
For Private Limited, can we strike off the said clause.
Experts’ views are requested.
Page 8 of Annual Return – Clause (e) where the annual return discloses the fact that the number of members of the company exceeds fifty, the excess consists wholly of persons who under sub-clause (1) of section 3 are not to be included in reckoning the number
of fifty;
Query 1
Whether the said clause shall apply only to 'Company Limited by Members' and not for 'Company Limited by Shares'.
For Private Limited, can we strike off the said clause.
Experts’ views are requested.
03 March 2010
Yes it applicable to bodth company limited by member and private limited company
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