Companies having a Paid-up Share Capital of Rs. 2 crores or more

In case of companies having a paid-up share capital of Rs. 2 crores or more, the whole-time secretary must be a member of the Institute of Company

Secretaries of India. However, where the Board of Directors of any such company comprises only two Directors, neither of them shall be the secretary of

the company [Section 383-A).

In case of Other Companies

In case of companies having a paid-up share capital of less than Rs. 2 crores, the secretary must possess one or more of the following qualifications:

(i) Membership of the Institute of Company Secretaries of India;

(ii) Pass in the Intermediate Examination conducted by the Institute of Company Secretaries of India;

(iii) Post-graduate degree in commerce or corporate secretary ship granted by any university in India;

(iv) Degree in law granted by any university;

(v) Membership of the Institute of Chartered Accountants of India;

(vi) Membership of the Institute of Cost & Works Accountants of India;

(vii) Post-graduate degree or diploma in management. sciences granted by any univer

sity or the Institute of Management, Ahmedabad, Kolkata, Bangalore or Lucknow;

(viii) Diploma in Corporate Laws and Management granted by the Indian Law Institute, New Delhi;

(ix) Post-diploma in Company Secretary ship granted by the Institute of Commercial Practice, Delhi;

(x) Membership of the Association of Secretaries and Managers, Kolkata;

(xi) Post-graduate diploma in Company Law and Secretarial Practice granted by the University of Udaipur.