Is compliance required for pvt. co for f.y 14-15

As per the Companies Act 2013, The annual return of the following companies, shall be certified by a Company Secretary in Practice: - listed company; 
- a company having paid-up share capital of INR 10 Crore or more; or 
- a company having turnover of INR 50 Crore or more.

Dear Nupur, Please refer circular no. 8, which clarifies that Financial Statements, Auditors report and Boards report for FY 2013-14 shall be prepared as per Companies Act, 1956. Therefore, referring your query, any pure private company having paid up capital more than Rs 10 lakh up to Rs 5 cr, shall prepare directors report as per old act and attach a Compliance Certificate to it as an annenxure. In addition, need to file form 66 within 30 days of AGM. Regards

I know these requirements are for f.y. 2013-14,bt wat abt f.y 14-15 when new co. act 2013 gets effective.what will now pvt. co. upload in place of form 66 for checking their compliance.

Are pvt. companies exempted from filing compliance certificate from 14-15.

does pvt. co. require cs certificstion from now on.

 

Any company filing form 66 under old act, would not require to file any corrosponding form or obtain Compliance Certificate from PCS from FY 14-15 onwards. Its effective only for FY 2013-14.

New Act has done away with this concept and introduced Secretarial Audit u/s 204 in its place. If any company falling under prescribed category shall get the secretarial audit done from PCS and enclose Secretarial Audit Report to the Boards' report.