Regarding salary increase of md

MCA 494 views 1 replies

618 Points Joined June 2010

A PRIVATE LIMITED COMPANY INCREASED SALARY OF EXISTING MANAGING DIRECTOR IN A.G.M. WHICH FORM THE COMPANY NEED TO FILE WITH ROC,

IS IT FORM-25A OR FORM-25C

THANKS IN ADVANCE

Replies (1)

Company Secretary

1352 Points Joined January 2012

Dear Abhijit,

Section 269 of companies Act is not applicable to Private Limited companies so that you are not required to file either Form 25A nor 25C.

As per my opinion you have to file form 23 as per section 192 (4) (c).

I request you to go through the Articles of Association of your company for same.

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