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TMI BlogAppointment, etc., of whole-time secretary.X X X X Extracts X X X X X X X X Extracts X X X X ..... son shall be appointed as whole-time secretary under sub-rule (1) unless he is a member of the Institute of Company Secretaries of India constituted under the Company Secretaries Act, 1980 (56 of 1980). (3) A company having a paid-up share capital of less than rupees [2][two crores] may appoint any individual as its whole-time secretary to perform the duties of a secretary under the Companies Act ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... upees two crores or more but less than rupees five crores shifts either its registered office or corporate office or works from towns with a population of less than one lakh in accordance with census of India 2001 report, it shall appoint a person as a whole-time secretary under sub-rule (1).] (4) No individual shall be appointed as secretary pursuant to sub-rule (3) unless he possesses any one o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntants Act, 1949 (38 of 1949); (vi) membership of the Institute of Cost and Works Accountants of India constituted under the Cost and Works Accountants Act, 1959 (23 of 1959); (vii) post-graduate degree or diploma in management sciences, granted by any university, or the Institutes of Management, Ahmedabad, Calcutta, Bangalore or Lucknow; (viii) post-graduate diploma in company secretaryship ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion Act, 1956 (No. 3 of 1956), and includes any university outside India which is recognised by the Union Public Service Commission for the purposes of recruitment to public services and posts in connection with the affairs of the Union or of any State. --------------------------------- Notes:- [1] Substituted for "fifty lakhs" by GSR 419(E), dated 11-6-2002, w.e.f. 11-6-2002. [2] Substituted ..... X X X X Extracts X X X X X X X X Extracts X X X X
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