Company Secretary in Practice

The company secretary is responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented.

Despite the name, the role is not a clerical or secretarial one in the usual sense. The Company Secretary ensures that an organisation complies with relevant legislation and regulation, keeps board members informed of their legal responsibilities. Company Secretaries ensure that the company and its directors operate within the law.

Company Secretary is the overseer of all corporate affairs, statutory and administrative.  Company Secretary is the bridge between policy and implementation. Company Secretary is responsible to comply with all the regulatory procedures and custodian of the interest of the Company and he is responsible for maintaining strict secrecy of the affair of the Board as also any or every other matters of the Company.

The Company Secretary of a Company is appointed according to normal appointment policy of the Company and finally approved by the Board of Directors.
The area for the practicing company secretaries is now widening and the number of members enrolling themselves to practice is in the increase. The following service is rendered by Company Secretary:
  • Legal, Secretarial and Corporate Governance
  • Corporate Restructuring 
  • Foreign Collaborations and Joint Ventures 
  • Arbitration and Conciliation 
  • Financial Management 
  • Project Planning
  • Capital Market and Investor Relations 
  • Due Diligence   
  • Corporate Advisory Services

0 comments:

Post a Comment