Q.Under Rule 8A of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, a private company is required to appoint a whole-time Company Secretary if its paid-up share capital is:
(A) ₹1 crore or more
(B) ₹5 crore or more
(C) ₹10 crore or more (presently prescribed)
(D) ₹100 crore or more

Rule 8A specifically targets larger private companies, using a paid-up capital threshold that the Rules fix and periodically review. …

Rule 8A of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 requires every private company having a paid-up share capital of the prescribed amount — presently ₹10 crore or more — to appoint a whole-time Company Secretary. This is a Rules-level threshold made under the Companies Act, 2013 (not written into the Act itself), and such monetary thresholds are periodically reviewed and may be revised by the Ministry of Corporate Affairs over time, so students should treat the ₹10 crore f …

Students sometimes confuse this private-company threshold under Rule 8A with the different, generally higher, criteria that trigger Section 203's requirement for listed/lar …