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Adjustment of Reserves

The minimum c...

Question

The minimum capital of the company for which the whole time company secretary is required to be appointed as per Companies Appointment rules is __________.

A

Rs. 5 crore

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B

Rs. 2 crore

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C

Rs. 10 crore

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D

None of the above

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Solution

The correct option is A Rs. 5 crore
All listed company and all other company having paid-up share capital of Rs.5 crore or more shall have whole-time key managerial personnel and shall have following whole-time key managerial personnel such as company secretary.

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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.

Q. A company whose capital is more than Rs. 5 crores must appoint full time secretary.

Q. The minimum capital of the company for which the whole time company secretary is required to be appointed as per Companies Act is ________.

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. 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 :-

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