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S. No
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Particulars
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Brief Description of the
Provision/ Limits prescribed…
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1
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Annual Return. Sec. 92
Certification by
PCS:
|
Listed company
or a company having paid-up share capital of 10 crore or more or turnover of 50 crore or more shall be certified by
a PCS or incase
company does
not have whole time CS
other than OPC or Small
Company
|
|
2
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Woman Director
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1.Every Listed
Company
2. Every public limited company having
I. Paid up
share capital of 100 crore or more
ii. Turnover of 300 Crore
or more
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|
3
|
Independent Directors –
Sec. 149
(4)
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Min. 2 Ind. Director for all
Public companies having
i)
paid up share capital of 10 crore rupees
or more
ii) turnover of 100 crore rupees
or more
iii)
in aggregate, outstanding
loans, debentures
and deposits
exceeding 50 crore rupees.
|
|
4
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Vigil Mechanism-
Sec 177(9)
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a) Listed Company
b)
Companies which accept deposits from the public
c) Companies
which have borrowings from banks and public financial
institutions
in excess of 50 crore rupees
|
|
5 &
6
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OPC to convert itself into a
private co/ Small Company
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Where paid
up share capital of OPC exceeds 50 lakh or average annual
turnover during the relevant period
exceeds 2
crore.
(Same limit for Small co
definition also- “ Not to
exceed these limits”)
|
|
7
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Companies to have KMP-
Sec. 203
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1.Every Listed
Company and
2. Every other public company
having a paid-up share capital of Ten
crore
rupees or more. (For Co
Secy alone, the
limit is reduced to
5 crore paid up capital)
|
|
8
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Secretarial audit report
Sec. 204
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1. Every Listed Company
or
2. Public
company having paid-up
share capital of 50 crore or more or
3. Public company
having a turnover of
250 crore or more.
|
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9
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Annual performance evaluation
of Board, Committee
and individual Director must
|
1.Every Listed
Company
2. Every public limited company
having Paid
up capital of 25 crore or more.
|
|
10
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Audit Committee
& Nomination
and Remuneration Committee
must
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i) All listed Companies
ii) All public companies with
a paid up capital of 10 crore or more;
iii) All public companies having turnover of 100 crore or more;
iv) All public companies, having in
aggregate,
outstanding
loans or borrowings
or debentures or deposits exceeding 50 crore
or more
|
|
11
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CSR applicability
Sec. 135
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Every Company, having
i)
Net worth
of 500 crore or more or
ii)
Turnover of 1000
crore or more or
iii) Net profit of 5 crore or more
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|
12
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Companies required to appoint
Internal Auditor
(Sec.138)
Existing Companies to comply within 6 months from
01.04.2014
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(a) every listed company;
(b) every unlisted
Public company having-
(i)
paid up share capital of 50 crore or more
(ii) turnover of 200
crore or more
iii)
outstanding
loans /borrowings exceeding 100 crore or more
iv) outstanding
deposits of 25 crore or more
(c) every private company having-
(i) turnover of
200 crore rupees
or more or
(ii) outstanding loans
/borrowings exceeding 100 crore or more
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Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Official Blog Fema India Experts Connect with our Facebook Page:- Click and Like our Page Subscribe our Email updates like other 21,000 Members, Free/Easy/Comfortableway
