Company law and secretarial practice pdf

  • What is the role of the Company Secretary under the Companies Act?

    (a) to report to the Board about compliance with the provisions of this Act, the rules made there under 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..

  • Who is a 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 a Company Secretary important to a company?

    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.
    Despite the name, the role is not clerical or secretarial..

  • The Companies Act 2013 is an Act of the Parliament of India , divided into 29 chapters containing 470 sections and has 7 schedules.
    The Act has replaced The Companies Act, 1956 after receiving the assent of the President of India on 29 August 2013.
Legal Position of Promoters: • Companies act 1956 imposed fiduciary duties on the promoters. • He shouldn't make any secret profit at the expense of company.

What is a company secretarial practitioner?

As a company secretarial practitioner this is something you need to know as the term related person appears in the companies Act 80 times

These terms have been included in the Companies Act to increase transparency and improve the standards of corporate governance

Why should a company secretary have a practicing firm?

It is the prime duty of a professional to meet the expectations of the stakeholders at any given point of time

Company Secretary in practice may face technical, time and knowledge constraint after certain point of time in profession

There comes the need of having a practicing firm, mega firms


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