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Rectification of Error of Principles

A qualified C...

Question

A qualified Company Secretary is needed to be appointed as secretary to a company only on the basis of the_______________.

A

Business of the company

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B

Paid-up capital of the company

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C

Location of the company

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D

Listing of the company on any stock exchange

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Solution

The correct option is D Paid-up capital of the company
companies having paidup capital of Rs 5 crores or more has to mandatorily have a Company Secretary in whole time employment.

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