compliance certificate

This query is : Resolved

ruchi bhagat (Querist)
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04 October 2008 The paid up capital of a pvt. ltd. company is Rs.3 crore but there was no company secretary during the whole financial year. whether the company is required to obtain a comliance certificate since there is no CS in the company.

CA RAMESH KUMAR AHUJA

CA RAMESH KUMAR AHUJA (Expert)
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06 October 2008 No

CA Bosu babu

CA Bosu babu (Expert)
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07 October 2008 Every Company having paid-up capital of Rs. 10 Lakh or more, but less than Rs. 50 Lakh (Raised to Rs. 2 Crore w.e.f 11.6.2002), which is not required to employ a whole-time qualified Company Secretary, shall file with the ROC, a certificate from practicing Company Secretary as to whether provisions of the amended Act have been complied and such certificate shall be attached with Directors' report to the share-holders.

CA Bosu babu

CA Bosu babu (Expert)
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07 October 2008 the above thing is acc to law.....so every company shd appoint a whole time practicing CS if paid up capital is >2 crs....so pvt company has to fulfill such reqt...

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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15 October 2008 In otherwords neither it is compulsory to obtain compliance certificate, nor would that substitute non-compliance of appointing a full time Secretary.

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