Increase in paid up capital
This query is : Resolved
CA Abhi Pandey
(Querist)
12 December 2011
What are the statutory compliance required to be fulfilled, if a public ltd. co. increases its paid up share capital to Rs. 5.5 Crores?
other than recruiting a whole time C.S, Audit Committee and Remuneration committee
Thanks & Regards.
other than recruiting a whole time C.S, Audit Committee and Remuneration committee
Thanks & Regards.
RG - A Helping Hand
(Expert)
13 December 2011
You have to appoint a Managerial personnel u/s 269. So appoint MD or WTD or Manager after increase in paid up capital.
Further constitution of remuneration committee is not must in unlisted public company. However if you are planning to pay remuneration as per schedule XIII then appoint remu committee.
Thanks & Regards
Further constitution of remuneration committee is not must in unlisted public company. However if you are planning to pay remuneration as per schedule XIII then appoint remu committee.
Thanks & Regards
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CA Abhi Pandey
(Querist)
13 December 2011
@richank: thanx......
Any other compliance required to be fulfilled?
Any other compliance required to be fulfilled?
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