Regulation 52 — Qualifications and Experience of company secretary

Subject to the provisions of
section 194 of the Act, the public company shall appoint as company secretary—
(i) a person who is a member of—
(a) a recognized body of professional accountants; or
(b) a recognized body of corporate or chartered secretaries; or
(ii) a person holding a master degree in business administration or commerce or being a
law graduate from a university recognized by the Higher Education Commission of
Pakistan or in case of foreign qualification in the above disciplines, holds an
equivalence certificate from Higher Education Commission of Pakistan and having at
least five years relevant experience in case of listed com pany or two years relevant
experience in case of other public company; or
(iii) a retired government servant in BS -18 or equivalent or above with at least fifteen
years’ service:
Provided that a person already engaged by a public company as company secretary in
terms of the Companies (General Provisions and Forms) Rules , 1985 or the Companies (General
Provisions and Forms) Regulations, 2018 may continue in that capacity.