Rule 8A Appointment of Company Secretaries in companies not covered under rule 8
8A. Every private company which has a paid up share capital of ten crore rupees or more shall have a whole-time company secretary.
1. Rule 8A ins. by G.S.R. 390(E), dated 9th June, 2014 (Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2014), w.e.f. 9th June, 2014.
2. Rule 8A subs. by G.S.R. 13(E), dated 3rd January, 2020 (Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020), w.e.f. 1st April, 2020, for the former rule, which read: "8A. Appointment of Company Secretaries in companies not covered under rule 8.--
A company other than a company covered under rule 8 which has a paid up share capital of five crore rupees or more shall have a whole-time company secretary." -- raising the threshold from five to ten crore rupees.