Appointment of CS u/s 383A

A CS is a full time employee of the company.

Separate CS needs to be appointed for all the companies belonging to a same group depending up on the paid up capital of the company.

Regards

 

 

 

APPOINTMENT OF COMPANY SECRETARY

The Chairperson explained to the board the requirement regarding the appointment of the Company Secretary on the Board of Directors. After certain deliberation the following resolution was passed unanimously:

 

“RESOLVED THAT pursuant to the provisions of Section 383A of the Companies Act, 1956 and other applicable provisions if any, Mr. _________, a member of the Institute of Company Secretary of India, who possess the requisite qualification as prescribed under the Companies (Appointment and Qualifications of Secretary) Rules, 2002, be and is hereby appointed as Company Secretary of the Company, w.e.f. 26.12.2002.

 

RESOLVED FURTHER that any director of the Company be and is hereby authorised to sign, modify and/or alter any statutory forms and related documents to give effect to the above resolution as and when required with Registrar of Companies and file any statutory forms and related documents in physical or digital form.”

 

Dear Dilen,

 

Agreed wid ankur sir..

 

Please find the attachment regarding provision of appointment of full time CS..

 

Adarsh

Dear Dilen,

 

Agreed wid ankur sir..

 

Please find the attachment regarding provision of appointment of full time CS..

 

Adarsh

totally agreed with ankur sir..............

Dear All, If your company or companies having paid-up capital Rs. 5 crores or more should appoint a company secretary. As per sec 383A, a separate company secretary needs to be appointed for each companies, if said condition is fulfilled. A person can’t be act as a CS for more than one Company eventhough for group concerns. Less than Rs. 5 crores, the Board may desire to appoint either a CS in full time employment or CS in practice at retainer basis.