What are the functions of company secretary in company law?
The company secretary ensures that the company follows ethical business practices and adheres to the principles of transparency, accountability, and fairness.
The company secretary also ensures that the company's policies and procedures are in line with the best corporate governance practices..
What are the rights of company secretary in company law?
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 rights of secretary in a company law?
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 is the definition of company secretary in law?
Company secretaries are the company's named representative on legal documents, and it is their responsibility to ensure that the company and its directors operate within the law..
What is the legal position of a Company Secretary?
Legal Position- The legal position of a company secretary is not just that of an employee (or servant) of the company.
He is an executive officer of the company and is bracketed with managers, managing director and directors under the provisions of the Companies Act and other laws..
What is the purpose of a secretary in a 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..
What is the role of company secretary in practice?
In practice, a Company Secretary is typically a qualified professional who works independently, providing advice and support to clients on a wide range of corporate governance and compliance issues.
They may work for a law firm, an accounting firm, or as an independent consultant..
Why is the Company Secretary important 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..
- 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.
- In practice, a Company Secretary is typically a qualified professional who works independently, providing advice and support to clients on a wide range of corporate governance and compliance issues.
They may work for a law firm, an accounting firm, or as an independent consultant.