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About Pbc and Pvt Ltd Company

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(Querist)
21 October 2008 Dear All,

If X company is a private company and it is raising paid up capital to Rs. 5 crores. Is it mandatory to convert or change the nature of company to Public LTd? or else what can be the implication of this in terms of legalities with ROC?
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
21 October 2008 No.
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Amit Deokule

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Amit Deokule (Querist)
22 October 2008 Dear Sir,

Then can you tell me if Appointment of Company Secretary is important or not?

Regards,

Amit




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