Compiled by C SREE LAKSHMI- CS, BCOM(HONS) .

Various Monetary Limits under Companies Act 2013

Criteria for applicability
S.no Provision Relevant Section and Rules
Public/private Paid up capital Turnover other criteria

1 Auditor Rotation Public & 10 crores or more public borrowings from financial institutions Sec 139(2)
Private 20 crores or more banks and public deposits >50 crores Rule 5 of The Companies (Audit and Auditors) Rules, 2014

2 Internal Auditor Public 50 crores or more 200 crores or more i)outstanding loans or borrowings from banks Section 138
or PFI >100 crores (OR) Rule 13 of The Companies (Accounts) Rules, 2014
ii)outstanding deposits>25 crores

Private 200 crores or more outstanding loans or borrowings from banks

or PFI >100 crores

3 Appointment of KMP Public 10 crores or more Sec 203(1)

CS Public/Private 5 crores or more Rule 8 & 8A of Companies (appointment and remmuneration of
Managerial personnel) Rules 2014

4 Secreterial Audit Report Public 50 crores or more 250 crores or more Sec 204(1)
Rule 9(1) of Companies (appointment and remmuneration of
Managerial personnel) Rules 2014

5 Woman Director Public 100 crores or more 300 crores or more Sec 149(1)
Rule 3 of The Companies (Appointment and Qualification of
Directors )Rules 2014

6 Independent Director Public 10 crores or more 100 crore or more outstanding loans,debentures Sec 149(4)
& deposits>50 crores Rule 4 of The Companies (Appointment and Qualification of
Directors )Rules 2014

7 Certification of Annual Public & Private 10 crores or more 50 crore or more Sec 92(2)
Return by PCS Rule 11 of The Companies (Management and Administration)
Rules, 2014

8 Audit & Nomination & Public 10 crores or more 100 crore or more outstanding loans,debentures Sec 177 & 178
Remmuneration & deposits>50 crores Rule 6 of The Companies (Meetings of Board and Its
Committee Powers) Rules, 2014 (Chapter 12).

9 Vigil Mechanism Public & Private accepting deposits from public (OR) Sec 177(9)
public borrowings from financial institutions Rule 7 of The Companies (Meetings of Board and Its Powers)
and banks >50 crores Rules, 2014

10 Cost Accounting Records Public & Private 35 crore or more Providing/Producing specified goods/ services Section 148(1)
& having overall turnover from all products Rule 3 Companies(cost records & audit) rules 2014
exceeding 35crores

11 Cost Audit
Regulated/Non Regulated Public & Private 50/100 crore or more overall annual turnover from all products & Section 148
25/35 crores or more Turnover from specified products Rule 4 Companies(cost records & audit) rules 2014

12 Companies(Audit Report) Public(all) more than 50 lakhs 5 crores Loans outstanding from bank & FI >25 lakhs Section 143(11)
Order 2015 Private (along with reserves) 10th April 2015

Applicable to all listed companies irrespective of any threshold limit