Urgent_register a company under icsi

This query is : Resolved

Anumita Sharma (Querist)
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05 March 2013 Dear Members,

Please resolve the given matter:

A company XYZ has its Paid Up Capital including Premium amount more than 50 lacs.
So can it be register under ICSI to appoint CS Trainees.

If yes than kindly explain with reason.

Thanks

Ajay Mishra

Ajay Mishra (Expert)
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05 March 2013 Hi

No, premium is not a part of paid up capital and it is part of reserve and surplus. So you are not eligible to have register for CS trainee.

Anumita Sharma

Anumita Sharma (Querist)
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05 March 2013 Thanks Ajay ji to clarify the point

Ajay Mishra

Ajay Mishra (Expert)
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05 March 2013 My pleasure..............

Anumita Sharma

Anumita Sharma (Querist)
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06 March 2013 Sir,

Can you please inform the Regulation Number under which this point will be cover.

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