A private company wants to increase it's paid up capital over 5 crores
What will be the consequences (like co. secretary, internal audit)?
What are the compliances of CARO, Co. Act etc.?
SaL!L (Student-Finals) (54 Points)
22 January 2012A private company wants to increase it's paid up capital over 5 crores
What will be the consequences (like co. secretary, internal audit)?
What are the compliances of CARO, Co. Act etc.?
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 23 January 2012
Apppointment of CS section 383A; MD/WTD/Manager section 269.
CS Mitesh Mehta
(Company Secretary)
(17139 Points)
Replied 24 January 2012
Swagatam Khandelwal
(Company Secretary)
(107 Points)
Replied 24 January 2012
You only have to appoint a whole-time Company Secretary as per the provisions of Section 383A of the Companies Act. Rest are not applicable to a private company
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