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Whole time cs as consultant

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Palak (Querist)
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09 August 2021 Can a whole time company secretary (although form filed for appointment but company hasn't reached the threshold of paid up of 10 cr) act as an individual consultant (not having cop) to a government company on retainership basis?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 August 2021 Yes, no problem in appointing as consultant.

Palak (Querist)
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09 August 2021 Sir even if the threshold of paid up of Rs. 10 crores is reached after 2-3 months?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 August 2021 In such a case appoint him as company secretary. Ask him to obtain COP.

Palak (Querist)
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09 August 2021 sir he is acting as a company secretary in company A and consultant in Company b(a govt co) without COP.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 August 2021 In such a case appoint a new company secretary.

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