8 Appointment of Key Managerial Personnel.-

Every listed company and every other public company having a paid-up share capital of ten crore rupees or more shall have whole-time key managerial personnel.

¹[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.”] 

Amendments

1. Inserted by Notification-G.S.R. 390(E) Dated 9th June,2014.