Appointment of company secterary

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satish kumar voleti (Querist)
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13 December 2011 A private limited company having a paid up share capital of RS. 3 crores, is it required for that company to appoint a company secretary or the company can file company secretary compliance certificate in form 66 or is it necessary that schedule V of the Comapany be necessary be signed by the company secretary.

please clarify
thank you.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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13 December 2011 If the paid up capital is between Rs. 2 and Rs.5 Crores, the company can choose either of the two options given below.
1) to appoint a full time company secretary, in which case filing of compliance certificate in e-form 66 is not necessary.
2) not to appoint a full time company secretary and in that case the company has to obtain a compliance certificate from a full time practicing company secretary and to e-file form 66.

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