Can Anyone Tell me Answers of Two Questions,That-
1) When the Company Should appoint a CS (Company Secretary)....? &
2) Who Appoint CS ?(The First CS as well as Subsequent CS for any Companies)
5 Replies
ANJALI NEGI
(Chartered Accountant)
(1263 Points)
Replied 22 November 2012
Asnwer 1- As per section 383A of companies act, if the paid up capital of the company is morethan or equal to 5 crores then it is mandatory to appoint a Company Secretary by the company.
Answer 2- A company (BOD) appoint both first and subsequent CS.
ANJALI NEGI
(Chartered Accountant)
(1263 Points)
Replied 22 November 2012
Dear first CS is appointed by the BOD director only...as per my knowledge....
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 22 November 2012
| Originally posted by : ANJALI NEGI | ||
 |
Dear first CS is appointed by the BOD director only...as per my knowledge.... |
 |
Even i agree..
CS Samiksha
(Company Secretary)
(85 Points)
Replied 22 November 2012
Pravin,
Anjali Negi has answered correctly.
As per Sec 383A of Companies Act; 1956 the companies having paid up capital of Rs. 5 crore or more shall appoint Whole-time Company Secretary.
First and Subsequent CS will be appointed by Board of Directors.
Regards,
CS Samiksha Kansara
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