Time period of CS appointment

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 May 2010 Hi friends,

Can any on tell me within what time period a company should appoint company secretary after increasing its Paid up capital more than 2crs

CS vanita

CS vanita (Expert)
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20 May 2010 The paid up capital limit for compulsory appointment of CS is revised from 2 to 5 crore (NOTIFICATION NO. G.S.R. 11 (E), DATED 5-1-2009)

Regarding the time limit, the Company within the period of 1 year from the date of such increase shall have a whole time secretary.

Querist : Anonymous

Querist : Anonymous (Querist)

20 May 2010 Dear Vanita,

Thanks alot for you are help. Can you please tell which provision of act specifies the time limit.

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CS vanita

CS vanita (Expert)
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20 May 2010 Please refer Rule 2(4) [at the end] of Companies(Appointment & qualification of Secretary) Rules

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Querist : Anonymous

Querist : Anonymous (Querist)

20 May 2010 Thanks a Lot vanita