CS Professional CMADD Practice Questions - CS Professional Programme - Compliance Management, Audit & Due Diligence Exam

Access More Questions

A public company has a paid-up share capital of Rs 60 crore but a turnover of only Rs 80 crore. Is secretarial audit under Section 204 mandatory for it?

Yes, only if it is also a subsidiary of a listed entity No, because its turnover is below Rs 250 crore Yes, because its paid-up capital is Rs 50 crore or more No, because only listed companies require secretarial audit

Correct Answer:

Yes, because its paid-up capital is Rs 50 crore or more

Access more questions from this quiz

Continue to CS Professional CMADD Practice Questions - CS Professional Programme - Compliance Management, Audit & Due Diligence Exam for more practice questions and the full quiz experience.

Access More Questions