Whole time company secretary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 April 2012
What is the meaning of Whole Time Company Secretary as per the companies act 1956. Whether the said whole time secretary is required to be on the payroll(employee) of a company having paid up capital in excess of rs.5 crores
Ajay Mishra
(Expert)
27 April 2012
Hi
Yes, it will be appointed as whole time company secretary at a remuneration decided by Board. and if such employee get remuneration more than 5 lakh a month then it is required to be disclosed in director report under section 217(2A) of the Companies Act, 1956.
Yes, it will be appointed as whole time company secretary at a remuneration decided by Board. and if such employee get remuneration more than 5 lakh a month then it is required to be disclosed in director report under section 217(2A) of the Companies Act, 1956.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST input credit on commercial property
- Nursery business
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- Import Order Cancelled.
- IMS (import of goods) ITC related
- Royalty payments to the Mining Department for procurement of murum - GST input
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
