Mandatory appointment as CS
This query is : Resolved
08 November 2009
As per Section 383A of the Companies Act, 1956, a CS is required to be mendatorily appointed by a Company having share capital of Rs.5 Crore or more. Is there any similar provision in the Companies Bill, 2009 for compulsory appointment of CS?
09 November 2009
NO.
But there are certain other provisions in Companies Bill, 2009 to safeguard the interest of profession.
But there are certain other provisions in Companies Bill, 2009 to safeguard the interest of profession.
09 November 2009
Thanks. But could you please give a description in brief about the provisions in the Companies Bill, 2009 supposed to safeguard or promote the interest of the CS profession? I express my gratitude in advance anticipating your quick response.
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