Question

Appointment of Company Secretary in mandatory in__.
(a) Every listed company
(b) Every unlisted private company having paid-up share capital of Rs. 10 crore or more
(c) Every public company having paid-up capital of Rs. 5 crore or more
(d) Every public company having turnover of Rs. 5 crore or more

Select the correct answer from the options given below-

• A. (a) and (b)
• B. (a) and (c)
• C. (a) and (d)
• D. (a), (b) and (c)

Answer 1

The correct option is B (a) and (c)

According to Section 203 of the Companies Act 2013, every listed company and any other company including the public companies has the obligation to appoint a whole-time company secretary having a paid-up capital of Rs 10 Crore or more.