Company law

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 June 2015 Sir,
Whether company having paid up capital more than 10 Lacs need to file Compliance Certificate under Companies Act,2013 ????

CA Himanshu Ojha

CA Himanshu Ojha (Expert)
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19 June 2015 Under the Companies Act, 1956 if paid-up share capital is less than Rs. 10 crores, but Rs. 10 lakhs or more, then it shall obtain a compliance certificate from a Company Secretary and:
-File it with the Registrar of Companies (“ROC“) in Form 66,
-Annex it to the report of the Board of directors, and present it before members in the AGM

Under Companies Act, 2013 all listed companies and the following categories of companies must file a secretarial audit report which has to be submitted along with the Board Report in Form No MR.3 to the Registrar of Companies.
a) a public company having a paid up capital of more than fifty crores or more, or,
b) a public company having a turnover of two hundred fifty crores rupees or more

And Private companies have been exempted from the provision of the concept of secretarial audit.

So, in your case it is not required.

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