Compliance officer of listed company
Mrs.n (CS, LL.B ) (407 Points)
08 April 2014
P C Agrawal
(Registered independent director Past Ch)
(8229 Points)
Replied 12 April 2014
As the term itself implies, compliance officer must first be an officer of the company. PCS is a consultant and can be authorised representative of the company in various matters before various authorities. However, he cannot be an officer of the company. [Ref. Sec. 2(59) of Companies Act 2013]. Hence the question of PCS being appointed as compliance officer does not arise.
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