Very good news for company secretaries

Please find attached herewith Companies Bill, 2011 for you all.

RG

Dear RG the words used here in this clause is company belonging to such class or classes of companies as may be prescribed , it means the govt. will again set limit of paid-up capital for the appointment of KMP, the thing to be seen is that how much limit will they prescribe.

Absolutely right.

Keeping in view the safeguards provided to company secretaries in practice in Bill 2011…we may expect favorable limits for company secretaries in employment too.

RG

Thanks Richank ji for the Info....

Thanks very much for taking note of the same.

RG

Thanks for the bringing to our notice ....

Its a great encourgement for all cs for being recognised as KMP.But wilt this there shall be greater responsibilty and accountability. With great power comes great responsibility.

Now me curious to know which classes of Company are required to recruit the CS.

Thanks for updating us.

yes its welcome..........................

regards

Great news. Regarding the point raised by Parashar Ji,..let's hope for the best.

It's really a very gr8 news. Dear Richank Garg section/clause 203,2011 is referring to which class of companies??????????????

and I think section 203 is subject to the provision of the articles of the company, please through some light on it.

Welcome Change.........:)

Originally posted by : Lokesh
	It's really a very gr8 news. Dear Richank Garg section/clause 203,2011 is referring to which class of companies?????????????? and I think section 203 is subject to the provision of the articles of the company, please through some light on it.

Please wait for the rules. As per my previous experience the class of companies, min paid up capital for having KMP will be defined in rules.

RG

Thanks a lot...dear

@ SOURAV SIR AND RICHANK SIR : they will definitely keep the limits low, as the requirements of a CS in a company is increasing day-by-day, due to increased complaince and moreover to keep a check on scams and frauds...