Section 269 and 383

Varsha (CS) (130 Points)

09 September 2011  

Dear Friends,

Can anyone clarify whether for section 269 and 383 the paid up capital also includes preference share capital?

My company is a Pvt co which is subsidiary of a public co. so the above two section do apply but the co has equity capital 3 crs and pref capital 9 Crs. Whether I need to appoint a MD & CS?

Kindly help me out urgently.

Regards

Varsha