- (a) to report to the Board about compliance with the provisions of this Act, the rules made thereunder and other laws applicable to the company; (b) to ensure that the company complies with the applicable secretarial standards; (c) to discharge such other duties as may be prescribed.
- 1.
Firstly, he can supervise, control and he can direct subordinate officers and employee. 2.
Secondly, he can sign and authenticate the proceeding of meetings. What are the secretarial practices?
The term 'Secretarial Practice' has been used to include knowledge, skills, procedure and methods of work to be performed by a Private Secretary or Office Assistant.
Persons with Secretarial Skills find employment in all types of offices e.g., govt., public or private, different types of agencies etc..
What is Company Secretary in practice?
Then Section 2(2) states that CS in practice means any member of the institute who does not work under any agreement.
Hence, he works either as an individual or in partnership.
The role, as well as the authority level of the CS under practice, is more than the CS in employment..
What is secretary in secretarial practice?
Secretaries are an integral part of companies as they reduce the administrative and management load of the managing committee.
They look after records, organise and collect minutes of meetings, help in communication between high-level, in-house authorities and clients and are the reference point for committee members..
What is the meaning of Company Secretary as per Companies Act 2013?
A CS means a person who is a member of the ICSI.
The primary role of the CS is maintaining the company's books of accounts, auditing the company's tax returns, advising the board of directors relating to the legal and financial risks of the company and ensuring that the company complies with statutory regulations..
What is the meaning of Company Secretary?
one of the managers at the highest level of a company, who is responsible for making sure that the company is managed correctly and according to the law: A company secretary may sign official documents on behalf of the company, which are then legally binding..
What is the role of a Company Secretary in company law?
A 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..
What is the role of a CS in a company?
The Company Secretary is:
An in-house legal expert; a compliance officer of the Company.
An expert in corporate laws, securities laws & capital market and corporate governance.
Chief advisor to the board of directors on best practices in corporate governance.
Responsible for all regulatory compliances of company..
Why is secretarial practice important?
Today, the secretary is often referred to as an office manager.
With a diverse and responsible range of tasks, company secretarial work takes on a central function in the organisation and communication of a company.
The secretary's office is thus one of the indispensable key functions of a successful company..
- Company secretaries are typically responsible for: convening and providing administration for annual general meetings (AGMs): for example, producing agendas, taking minutes, conveying decisions and handling meeting correspondence. providing legal, financial and/or strategic advice during and outside of meetings.
- He as one of the legal representatives of a company performs and manages various regulatory functions like carrying incorporation of the firm; sufficing preparation and audit of business reports; filing annual returns; dealing with amended regulations on a steady basis, etc.
- Today, the secretary is often referred to as an office manager.
With a diverse and responsible range of tasks, company secretarial work takes on a central function in the organisation and communication of a company.
The secretary's office is thus one of the indispensable key functions of a successful company.
