For appointment of whole time secretary the turnover of the company should be not less than 250 crores rupees and paid up capital should be 10 crores rupees
If company has paid up capital of equal to or more than INR 10 Crore ,it has whole time company secretary ,he will be appointed as per provision in 203 and also been considered as KMP, process is as follows a) Offer Letter b) Acceptance of Offer Letter c) Board Meeting d) Board Approval e)Filing MGT-14 f) Filing DIR -12 + DIR -2 + Employment contract (if any ) g) associate DSC of secretary at MCA portal