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PUBLIC LIMITED COMPANY NEEDS TO HAVE WHOLE TIME COMPANY SECRETARY 

Yes, it is mandatory for a Public Limited Company (PLC) to have a Company Secretary.

*Statutory requirement:* 1. *Section 203 of the Companies Act, 2013*: Mandates that every listed company and every other public company having a paid-up share capital of ₹10 crores or more shall have a whole-time Company Secretary. 2. *Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015*: Requires listed companies to have a Company Secretary. *Responsibilities of a Company Secretary:* 1. *Compliance*: Ensure compliance with the Companies Act, 2013, SEBI regulations, and other applicable laws. 2. *Board and Committee meetings*: Arrange and facilitate Board and Committee meetings, prepare agendas, minutes, and resolutions. 3. *Shareholder services*: Handle shareholder queries, maintain shareholder records, and ensure timely dividend payments. 4. *Statutory filings*: File statutory returns, forms, and documents with the Registrar of Companies (ROC) and other authorities. 5. *Record-keeping*: Maintain and update company records, including the register of members, directors, and charges. 6. *Governance*: Advise the Board on governance matters, ensure compliance with corporate governance norms, and facilitate the implementation of Board decisions. 7. *Communication*: Facilitate communication between the company, its stakeholders, and regulatory authorities. 8. *Secretarial audit*: Conduct secretarial audits to ensure compliance with laws and regulations. *Qualifications and eligibility:* 1. *Membership*: A Company Secretary must be a member of the Institute of Company Secretaries of India (ICSI). 2. *Experience*: Typically, a Company Secretary should have relevant experience in company secretarial practice, corporate law, or a related field. In summary, a Public Limited Company must have a whole-time Company Secretary to ensure compliance with laws and regulations, maintain records, and facilitate governance and communication.
Sincerely,
Seema Mhatre & Associates
ACS Seema Shashank Mhatre
IICA certified Independent director
9821412594

[O] : 916 Grohitam Premises, Sector19, 
          Plot No 14B,APMC Market, Vashi 
          Navi Mumbai 400705, Maharashtra.

You think compliance is expensive try Non compliance

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