Signing of mgt-7

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CS RAJNI (Querist)
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13 November 2017 in my case, the subsidiary company is having puc 1 lac and turnover is also less than 10 lac. and no requirement of cs appointment but while filling the mgt-7, it demands for cs/pcs signature.so my question is can a company secretary of holding co. sign the mgt 7 of subsidiary company. or we have to go to pcs for signing

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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14 November 2017 Under section 92(1) of the Act, the Annual Return is required to be signed both by a director and the Company Secretary, or where there is no Company Secretary, by a PCS. Company Secretary of Holding co can't sign MGT-7 of subsidiary company.