A Pvt Co having share capital more than 10 Crore, not apointed A Whole Time Company Secretary, which one are required u/s 383A, Since 2 years, & last year co has not filled form 66, now i want to file Annual Filling for the year 2010-11,
Is there requirement for filling form 66 or not.
Pls guide. urgently
Companies having paid up capital of Rs. 5 Crores or more has to mandatorily appoint whole time Company Secretary.
Compliace Certificate would not serve the purpose in this case...
Compliace Certificate is required to be filed in case the paid up capital is Rs. 10 Lacs to Rs. 2 Crores. However between the Capital of Rs. 2 Crores to Rs. 5 Crores it is optional, the Company can either appoint CS or file Compliace Certificage.
| Summarized | ||||||
| Paid up Capital | Appointment of CS | Any Individual / Member of ICSI | Compliance Certificate | |||
| Rs. 5 Crores or more | Compulsory | Only Member of ICSI | N.A. | |||
| Rs. 10 Lakhs or more to Rs. 2 Crores | Voluntarily | Either of Above | Compulsory (Not required if CS is member of ICSI) | |||
| Rs. 2 Crores or more to Rs. 5 Crores | Voluntarily | Member of ICSI | Not required if appointment is made otherwise required | |||
Ek company secretary rkh hi lo bhai sahb kyo kisi cs ka hak mar rhe ho.
Full time Company Secretary needs to be appointed in your case
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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