appointment of c s


This query is : Resolved 

(Querist)
07 February 2010 Sir
Paid up capital crossed 2crs on may,2005. Now the same is 3crs. What will be the action for violation period for the NON APPOINTMENT OF FULL TIME c s? ad calling for c s given and the same also minuted in Board meeting. ROC inspection is goin on pl help......

Rasesh (Expert)
08 February 2010 It shall be a defence to prove that all reasonable efforts to comply with the provisions of sub-section (1) of 383A were taken or that the financial position of the company was such that it was beyond its capacity to engage a whole-time secretary.

Ankur Garg (Expert)
08 February 2010 Quite a practical suggestion. Go for it.


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