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Pro-Rata Basis of Allotment

As per Rule 8...

Question

As per Rule 8A of the Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014 provides that a company which has a paid up capital of ______ Crore rupees or more shall have a whole-time Company Secretary.

A

two

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B

ten

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C

twenty

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D

five

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Solution

The correct option is D five
As per Rule 8A of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, a company other than a company which is required to appoint a whole time key managerial personnel which is having paid up share capital of Rs. 5 Crores or more shall have a whole time Company Secretary.

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Q. Section 203 of the Companies Act, 2013 read with Rule 8 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 mandates the appointment of Key Managerial Personnel and makes it obligatory for a _______and every other public company having a paid up share capital of rupees ______- to appoint whole-time key managerial personnel

Q. Which of the following companies are required to do secretarial audit as per Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014?
(I) Every public company having a borrowing of Rs. 100 crore or more
(II) Every public company having a paid-up share capital of Rs. 50 crore or more
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Select the correct answer from the options given, below-

Q. As per Rule 7 (2) of the Companies (Management & Administration) Rules, 2014, the annual return, filed by a listed company or a company having paid-up share capital of _________ or more or turnover of _________ or more, shall be certified by Practicing Company Secretary.

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Q. A Private Limited Company having paid up share capital of Rs _______ or more must appoint a whole time company secretary.

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