Applicability of secretarial audit

This query is : Resolved 

08 February 2019 In the case of Unlisted Company ,Secretarial Audit becomes applicable, if its paid-up capital is Rs.50 crores or more or its turnover is Rs.250 crores or more.

Whether applicability of secretarial audit will depend upon paid-up capital/turnover for the immediately preceding financial year or current financial year?

14 February 2019 for Secretarial audit for FY 2018-19, you have to check paid up capital/turnover criteria of 2018-19.


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