https://www.taxtmi.com/article/detailed?id=10779 Companies meeting prescribed thresholds must appoint a Whole Time Company Secretary as part of Key Managerial Personnel; the board must fill any vacancy within six months. Failure to comply exposes the company and officers in default to prescribed fixed and continuing penalties, adjudicated by appointed officers through notice, reply and hearing, with penalty quantum determined by factors such as company size, nature of business, public injury, repetition of default and quantifiable gain or loss. Penalties are payable via the statutory portal and unpaid sums may attract further criminal or monetary consequences. en-us Tue, 01 Nov 2022 12:32:22 +0530 Wed, 02 Nov 2022 11:00:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10779 Companies meeting prescribed thresholds must appoint a Whole Time Company Secretary as part of Key Managerial Personnel; the board must fill any vacancy within six months. Failure to comply exposes the company and officers in default to prescribed fixed and continuing penalties, adjudicated by appointed officers through notice, reply and hearing, with penalty quantum determined by factors such as company size, nature of business, public injury, repetition of default and quantifiable gain or loss. Penalties are payable via the statutory portal and unpaid sums may attract further criminal or monetary consequences. Articles Corporate Laws / IBC / SEBI Tue, 01 Nov 2022 12:32:22 +0530 https://www.taxtmi.com/article/detailed?id=10779