MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Preparing Financial Statements of NPO-I

It is compuls...

Question

It is compulsory for a company to appoint a Company Secretary if ______________.

A

The paid up share capital is 5 crore or more

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

The paid up share capital is 10 crore or more

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

The annual turnover of the company exceeds 100 crore

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

If the net profit of the company is more than 2 crore

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A The paid up share capital is 5 crore or more
It is compulsory for a company to appoint a Company Secretary if the paid up share capital is 5 crore or more. Appointment of a Company Secretary as a Key Managerial personnel is compulsory if the company has paid up capital of 5 crore or more.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Appointment of Company Secretary is mandatory in -
(a) Every listed company
(b) Every unlisted private company having paid-up share capital of Rs.10 Crore or more
(c) Every public company having paid-up capital of Rs.5 Crore or more
(d) Every public company having turnover of Rs. 5 Crore or more
Select the correct answer from the option given below :-

Q. Appointment of Company Secretary in mandatory in__.
(a) Every listed company
(b) Every unlisted private company having paid-up share capital of Rs. 10 crore or more
(c) Every public company having paid-up capital of Rs. 5 crore or more
(d) Every public company having turnover of Rs. 5 crore or more

Select the correct answer from the options given below-

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
(III) Every public company having a turnover of Rs. 200 crore or more
(IV) Every private company having a turnover of Rs. 150 crore or more

Select the correct answer from the options given, below-

Q. Which of the following companies must appoint woman director?
(I) Listed company
(II) Public company having paid up share capital of Rs.100 Crores or more
(III) Public company having borrowing of Rs. 500 Crores or more
(IV) Public company having net capital employed of Rs. 500 Crores or more
(V) Every public company having turnover of Rs. 300 Crore or more.
Select the correct answer from the options given below -

Q. 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.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Accounting Treatment - I

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Preparing Financial Statements of NPO-I

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon