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Question

What are the qualifications required to become eligible for appointment as Secretary?

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Solution

Under Companies (Appointment and qualification of Secretary) Rules, 1988, the qualifications requires to be eligible for appointment as Secretary are as follows:
1. In case of a company having a paid up share capital of 2 crore rupees or more but less than 5 crore rupees, the Secretary has to be a member of the Institute of Company Secretaries of India.
2. In case of a company with a paid up share capital of less Rs. 2 crore, the company may appoint secretary voluntarily.

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