Query related to appointment of cs in a company
Querist : Anonymous
Can anyone tell me that if the company whose paid up capital is 5 crore and during financial year existed cs left the post so within which time period the company should make an appoinment of another company secretary???
Section 383A & Companies (Appointment and Qualifications of Secretary) Rules, 1988 not define the time period within which after the resignation of old CS a new CS will be appointed.
The time period is given for capital increase . Where the paid up share capital is increased to Rs. 5 Crores or more, the Company shall appoint whole time secretary within a period of 1 year from the date of such increase [Proviso to Rule 2(4)].
Querist : Anonymous
The time period is not defined for appointment of new CS. So we can not say but yes, try to appoint CS as soon as possible.
Querist : Anonymous
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