Query in Sch. V - Annual Return

This query is : Resolved

Guest

Guest (Querist)

03 March 2010 Dear Experts,

Page 8 of Annual Return – Clause (e) where the annual return discloses the fact that the number of members of the company exceeds fifty, the excess consists wholly of persons who under sub-clause (1) of section 3 are not to be included in reckoning the number
of fifty;

Query 1

Whether the said clause shall apply only to 'Company Limited by Members' and not for 'Company Limited by Shares'.

For Private Limited, can we strike off the said clause.

Experts’ views are requested.

shrikant

shrikant (Expert)
Follow

03 March 2010 Yes it applicable to bodth company limited by member and private limited company

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