Dear All,
Is schedule V of the Companies Act, 2013 applicable to Private Limited Companies.
I opine that section 196 is applicable to private limited companies but section 197 and schedule V of the companies act, 2013 are not applicable for private limited companies.
seeking opinion of experts.
Yes pl. I agree with your interpretation.
Bharat Shah & Associates
Mumbai
CA Inter
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Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
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Anupam Parashar & Co.
Ghaziabad
CA Final
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RBSM Corporate Advisors Private Limited
Pune
CA
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CCI
Pro
CAclubindia
