How to appoint a company secretary?

This query is : Resolved

Kumar Nayudu (Querist)
Follow

22 February 2013 Dear sir/Madam

I have small doubt regarding how to appoint a company secretary for a public limited company?i.e my company paid up capital has 49crores.authorised capital has 49crores.but my company is an unlisted public limited company.does a chartered accountant file a return for this company?does he competent to make a file to ROC.and if company secretary needed then how to appoint?give a brief details please.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
Follow

22 February 2013 As per the provisions of section 383A of the Companies Act 195, every company having a paid up share capital of Rs. 5 cores or more is required to appoint a full time Company Secretary. As your company's paid up capital is more than 5 crores you will have to appoint a Company Secretary.
Company Secretary is a professional who is an expert in Corporate Governance and Secretarial and legal matters. Please also remember that under the new proposed Company Law, Company Secretary is also a Key Managerial Personnel (KMP) and his appointment will be mandatory for such king of companies as may be prescribed and in all probability, companies having paid up capital of Rs. 5 crores or more will be notified to appoint KMP. You can appoint Company Secretary by passing a Board resolution.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now