Regarding employees disclosure in director's report

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2013 What is the set format for disclosure under section 217(2A)? If any difference in format for private or public company?

Ajay Mishra

Ajay Mishra (Expert)
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17 July 2013 No it is not different.

If you are listed company then it will be diferent.

For listed co........

Information as per section 217(2A) of the Companies Act, 1956 read with Companies (Particulars of Employees) Rules, 1975 as amended from time to time, forms part of this Report. However, as per the provision of section 219(1) (b) (iv) of the Companies Act, 1956 the Report and Accounts are being sent to all the members excluding the statement containing the particulars of employees to be provided under section 217(2A) of the Companies Act, 1956. Any member interested in obtaining such particulars may inspect the same at the Registered Office or Corporate Office of the Company or write to the Company Secretary for a copy.

Ajay Mishra

Ajay Mishra (Expert)
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17 July 2013 If Co. have employee and paid remuneration of Rs. 5 lakh per month then following clause apply:

Particulars of the employee as required to be disclose under section 217(2A) of the Companies Act, 1956 read with Companies (Particulars of Employees) Rules, 1975 as amended from time to time, forms part of this Report and attached herewith as Annexure-I.

If co. not paid Rs. 5 lakh then ......

There is no employee whose particulars are required to be given under section 217(2A) of the Companies Act, 1956 read with Companies (Particulars of Employees) Rules, 1975 as amended from time to time.

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2013 thanx sir...........
but if there is any such format......or we can draw it in any manner?

Ajay Mishra

Ajay Mishra (Expert)
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17 July 2013 There is no specific format for this.

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