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Rule 8: Appointment of Key Managerial Personnel · Complied AI

Chapter 31
Rule 8

Rule 8Chapter 31

Appointment of Key Managerial Personnel

Every listed company and every other public company having a paid-up share capital of ten crore rupees or more shall have whole-time key managerial personnel.

8A. Appointment of Company Secretaries in companies not covered under rule 8.—

Every private company which has a paid up share capital of ten crore rupees or more shall have a whole -time company secretary.

A company other than a company covered under rule 8 which has a paid up share capital of five crore rupees or more shall have a whole-time company secretary.

Notes, amendments & references (2)

Substituted vide the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020 dated 03.01.2020 w.e.f., 01.04.2020. To view the Notification, Click Here.

A company other than a company covered under rule 8 which has a paid up share capital of five crore rupees or more shall have a whole-time company secretary. inserted vide notification G.S.R. 390(E) dated 9th June,2014. To view notification , Click Here

Rule 7 Rule 8 Rule 9