Govt may increase threshold limit to 5 cr for CS

CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)

30 December 2008  

Yes, you heard it right.

Strange though it may sound in the midst of a global financial crisis, the government is working on a plan that would enable over half the corporate firms to do away with the statutory need for a full-time company secretary.

You can imagine frns wht would be the impact of this over Company secretaries !!