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<h1>India Amends Company Secretary Rules: Financial Threshold in Rule 2 Raised from 50 Lakhs to 2 Crores</h1> The Companies (Appointment and Qualifications of Secretary) Amendment Rules, 2002, issued by the Government of India, amends the 1988 rules regarding the appointment and qualifications of company secretaries. Effective from its publication date in the Official Gazette, the amendment changes the monetary threshold in Rule 2 from 'rupees fifty lakhs' to 'rupees two crores.' This adjustment pertains to the financial criteria for appointing a company secretary. The amendment is authorized under the Companies Act, 1956, and was published under notification G.S.R. 419(E) on June 11, 2002.