Compliance certificate

See its better to get the Compliance Certificate in this case.

ok thanks neha

Co. is not under obligation to obtain Compliance Certificate in this case, since paid up capital of company would be 5.00 crore on 31.03.2013.

So, CC is required for FY 2011-2012 and it is not required for FY 2012-2013.

Regards

As such the Company has appointed a Company Secretary and the Capital of the Company has increase to Rs. 5 Crores, the Company is not required to file Compliance Certificate in respect of f.y. 2011-12 as well.

But Practice has been seen in a no. of companies that tehy get teh Compliance Certificate from the Company Secretary and do file along with other documents although not required

Compliance certificate will be filed in this case because ceiling of capital (i.e. less than 5 crore for applicability of compliance certificate) is seen for the year ended 31st March which is 31.03.2012 and hence it is mandatory to obtain Compliance certificate for the year 2011-2012 since capital increased to more than 5 crore in sept 2012.

With Regards

Neha ji,

Please read the question, it cannot be the case of September, 2012, it must be september, 2011 or earlier date and for that year as the increased capital will be shown to the BS, the appointment of CS will suffice the purpose.

Thanks for the correction Ankurji. 

With Regards,

Neha

My Pleasure Neha ji... Thankyou...