can a company appoint he same person as CS and CFO in a company ?
Megha Choudhary (Management Trainee) (541 Points)
27 February 2016can a company appoint he same person as CS and CFO in a company ?
Kalpesh Veer
(PCS)
(795 Points)
Replied 27 February 2016
Yes you can appoint CS as a company's CFO. For More detail please check the designation of Company Secretary of Praj Industries Ltd.
Regards,
Kalpesh
Megha Choudhary
(Management Trainee)
(541 Points)
Replied 27 February 2016
can you send m the link please.
i searched over the net
but eople were saying problem might occur hile filing dir -12
CA CS Lokesh Singhal
(Company Secretary and Deputy Manager Finance)
(251 Points)
Replied 01 March 2016
Now under company act 2013 CS and CFO can not be the same person.
Megha Choudhary
(Management Trainee)
(541 Points)
Replied 01 March 2016
WHERE IT IS WRITTEN THAT..
I DID NOT FIND IT
CA CS Lokesh Singhal
(Company Secretary and Deputy Manager Finance)
(251 Points)
Replied 01 March 2016
It is because CS and CFO both the designation has been brought under the definition of KMP. for which you have to fill form DIR 12 and MR1 return of KMP as well which will not be accpted and refelect error while efilling
CA CS Lokesh Singhal
(Company Secretary and Deputy Manager Finance)
(251 Points)
Replied 01 March 2016
i hope this will clear your doubt
Megha Choudhary
(Management Trainee)
(541 Points)
Replied 01 March 2016
THANK YOU
DO U HAVE IDEA ABOUT PRIVATE PLACEMENT?
HAVE U COMPLETED YOUR MT?
Kalpesh Veer
(PCS)
(795 Points)
Replied 02 March 2016
also go through annual report of company
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