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Appointment of Company Secretary

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....ppointment of Company Secretary<br> Query (Issue) Started By: - Mukund Honkan Dated:- 27-8-2011 Last Reply Date:- 28-8-2011 Corporate Laws / SEBI / LLP<br>Got 1 Reply<br>Companies Law<br>For a company....

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.... having paid up share capital of Rs 6 crores but unlisted, is it neceaary to appoint full time company secretary. If it is not viable considering size of the company, what is alternative options? Tha....

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....nks Mukund M Honkan Reply By ROHAN THAKKAR: The Reply: Dear Sir, It is compulsory for a company whose paid up capital is Rs 5 Crore or more to appoint a whole time Company Secretary. It is to be ap....

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....pointed irrespective of fact whether a company is private company or public company; listed company or unlisted company. Exemption is available only to section 25 companies. However, ROC may be infom....

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....red that all reasonable efforts werer made to appoint Company Secretary or that the financial position of the company is such that it was beyond its capacity to engage a whole-time secretary. In Such ....

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....a case, exemption may be granted by ROC. However, in that case, complince report would be required. Alternatively, you can appoint a director who can also act as a company secretary. There is no bar....

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.... on a director to be appointed as a secretary of the company. However, at least two director has to be only holding position of a director. Since, your's is a public company, second alternative is als....

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....o possible. Regards, Rohan Thakkar 9228720536.<br> Discussion Forum - Knowledge Sharing ....