Appointment of Legal Adviser

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Appointment of Legal Adviser

Unread postby Admin » Tue Oct 02, 2012 11:38 am

Appointment of Legal Adviser. --

(1) Every company shall appoint at least one Legal Adviser on retainership to advise such company in the performance of its functions and the discharge of its duties in accordance with law:

Provided that a company in existence immediately before the commencement of this Act shall be deemed to have complied with the provisions of this sub-section if it appoints a Legal Adviser before the expiration of three months from such commencement.

(2) No person other than an advocate or a registered firm shall be appointed to be a Legal

Adviser.
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