Venky Rathi
Contact +91-8802239807
Section Applicability Requirement92 – Annual Return Company having paid-up share capital of Rs 10 crore or more
OR
Turnover of Rs. 50 crore or more Needs to obtain a
certificate from
Practicing Company
Secretary135
–
Corporate Social
i. Net worth 500 Crore or more
Shall contribute at
135
–
Corporate Social
Responsibility
i. Net worth 500 Crore or more
OR
ii. Turnover 1000 Crore or more OR
iii. Net Profit 5 Crore or more in any financial year
Shall contribute at least 2% of average net
profits of immediately
preceding Three
Financial Years.
Venky RathiContact +91-8802239807
Section Applicability Requirement138 – Internal Audit i. turnover of 200 crore rupees or more during the preceding
financial year; or
ii. outstanding loans or borrowings from banks or public financial
institutions exceeding 100 crore
rupees or more at any point of
time during the preceding
financial year: Appoint an Internal
Auditor139 – Appointment
of re – appointment
of Auditor
Company having paid up share
capital of Rs. 20 crore or more
OR
Having public borrowings from
financial institutions, Banks or
public deposits of Rs. 50crore or
more Such company shall not
appoint or re-appoint : -
a. An individual as
auditor for more
than one term of 5
consecutive years
b. An audit firm as auditor for more
than 2 terms of 5
consecutive years.
Venky Rathi
Contact +91-8802239807
Section Applicability Requirement184 – Disclosure of
Interest by
DirectorsNot Applicable to any contract or
arrangement, between two companies,
where any director of one company together with other director, hold not
more than 2% of paid-up share capital of
the other company
186 – Loans and
Investments by the
Company No Company shall directly/indirectly: -
give any loan to any person or other
body corporate
(a) give guarantee/security in
connection with loan to any
In case the limit of
loan or guarantee
exceeds the given
limits, Company needs to pass
connection with loan to any person/body corporate
(b) acquire by way of subscription, purchase or otherwise, securities of
any body corporate
exceeding 60% of paid-up share capital,
free reserves and securities premium
account OR
100% of free reserves and securities
premium account, whichever is more
needs to pass Special Resolution
in a General
meeting
Venky Rathi
Venky RathiContact +91
-8802239807
Section Applicability Requirement203- Appointment of
Company secretaryCompany having Paid-up share
capital of Rs 5 Cr or More Needs to appoint a
Company Secretary
220- Applicability of
XBRL Filing Companies having paid up
share capital of Rs. 5 crore or
more OR
Turnover of Rs. 100 crore or more
Required to file their
Balance Sheet, Profit &
Loss account and other documents in
Turnover of Rs. 100 crore or more
other documents in XBRL format.
Venky Rathi
Contact +91-8802239807