What do you mean Dy ‘Company Secretary’ under the Company Secretaries Act, 1980

According to Section 2(1) of the Company Secretaries Act, 1980, “a Company Secretary is a person who is a member of the Institute of

Company Secretaries of India”. Section 383-A of the Companies Act provides that every company ‘having such paid-up share capital as may be

prescribed’ must appoint a whole-time secretary. The ceiling of paid-up share capital for compulsory appointment of whole-time secretary has been made

flexible. At present this ceiling is Rs. 50 lakhs. Thus, for a company having a paid-up share capital of Rs. 50 lakhs or more, only a member of the Institute

of Company Secretaries of India can be appointed as a whole-time secretary.