As per the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, companies having paid-up capital of Rs.5 crores or more has to mandatorily have a Company Secretary in whole time employment. Company Secretary is a person who is a member of the Institute of Company Secretary of India appointed by the company to perform the functions of a Company Secretary. Prior to appointment of the Company Secretary by board resolution, the consent of the Company Secretary to be appointed must be obtained in writing. Appointment of a Company Secretary in a Company is done by Legal Firm India.