What are the legal provisions of appointment of secretary ?
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Answer:
The Companies Act makes it compulsory for all listed companies and other companies with a paid-up share capital of Rs. 5 crores or more to appoint a specified list of full-time Key Managerial Personnel (KMP), which includes a Company Secretary.
Extra information:
What is secretary?
Secretary is an officer of a business corporation or society who is in charge of the letters and records and who keeps minutes of meetings.
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