Appointment of company secretary

Arun Jaiswal (CS) (89 Points)

27 July 2012  

Dear members,

As per section 383A of the Companies Act, 1956, a Company having paid up share capital of Rs. 5 crore or more has to appoint a full time Company Secretary.

Now my question is:

Is it mandatory for a listed company having paid up share capital less than 5 crore, to appoint a full time Company Secretary.  

Thanks in advance

Regards

Arun Jaiswal