A PRIVATE LIMITED COMPANY INCREASED SALARY OF EXISTING MANAGING DIRECTOR IN A.G.M. WHICH FORM THE COMPANY NEED TO FILE WITH ROC,
IS IT FORM-25A OR FORM-25C
THANKS IN ADVANCE
Abhijit Ghosh (.) (618 Points)
15 November 2012A PRIVATE LIMITED COMPANY INCREASED SALARY OF EXISTING MANAGING DIRECTOR IN A.G.M. WHICH FORM THE COMPANY NEED TO FILE WITH ROC,
IS IT FORM-25A OR FORM-25C
THANKS IN ADVANCE
prakash
(Company Secretary)
(1352 Points)
Replied 16 November 2012
Dear Abhijit,
Section 269 of companies Act is not applicable to Private Limited companies so that you are not required to file either Form 25A nor 25C.
As per my opinion you have to file form 23 as per section 192 (4) (c).
I request you to go through the Articles of Association of your company for same.
CAclubindia
