A Company Secretary (CS) is the key managerial personnel of a company. A CS is entrusted with the compliance and legal aspects of a company.

1. What is company secretary
Company Secretaries (CS) are key members of a company's management
team. A CS handles a company's compliance and legal matters. A company
secretary's profession is regulated and maintained by the Institute of
Company Secretaries of India (ICSI). ICSI members are called CSs.
Appointment Process of a Company Secretary
According to Section 203 of the Companies Act, 2013 (the 'Act') and Rules 8
and 8A of the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014 (the 'Rules'), the following companies must appoint a
CS as a Key Managerial Personnel (KMP):

2. ● Any listed company with a paid-up share capital exceeding Rs.10
crore.
● Companies with paid-up shares of more than Rs.10 crore.
● The minimum paid-up share capital is Rs.10 crore for all private
limited companies.
● A minimum of Rs.10 crore in paid-up share capital is required for
unlisted companies.
The process of appointment of a CS is as follows:
● Hold a board meeting and appoint a full-time company secretary
by sending a notice to all directors.
● In 30 days from the date of appointment, file forms MGT-14 and
DIR-12 with the Registrar of Companies.
● Following the appointment of the company secretary, maintain a
proper register of directors and key managerial personnel.
● Listed companies should inform the stock exchange where their
shares are traded.
A company secretary cannot hold office in more than one company, but
he/she can hold office in the subsidiary company simultaneously.

3. Roles and Responsibilities of a
Company Secretary
According to Section 205 of the Act, the CS must perform the following
functions:
● The compliance statement of the company should be reported to
the board of directors.
● Verify that the company's secretarial standards are being followed.
● All other duties prescribed by the company board of directors from
time to time.