Compliance certificate

Pvt ltd 843 views 4 replies

Pls tell me which Company needs to filled Compliance Certificate according to their Capitals.
As i have been listeing various different answers regarding this.
Kindly clarify this.

Replies (4)

 

Get Mandatory Compliance Certificate:

* if your share capital is between 10 lakhs & 2 crores;

* if your share capital is between 2 crores & 5 crores and you have not appointed whole time company secretary.

Mandatorily appoint a Whole Time Company Secretary:

* if your share capital is between 2 crores & 5 crores and you have not got the Compliance Certificate;

* if your share capital is above 5 crores.

 

Refer point 3.

https://www.mca.gov.in/Ministry/actsbills/rules/TCCR2001.pdf

when share capital is below 10 lakhs - no requirement of Compliance Certificate.

when share capital is between 10 lakhs & 2 crores - Compliance Certificate is mandatory.

when share capital is between 2 crores & 5 crores - Either obtain a Compliance Certificate or Appoint a wholetime CS.

when share capital is 5 crores or more - Mandatorily appoint a whole time CS (Compliance Certificate not required)
 

Company  having paid up capital less than 5 crore or more than 10 lakh...need to fill C.C


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