How to Create Successful Career as "Company Secretary". Tutorials from Home
Introduction to CS (Company Secretary).
The Institute of Company Secretaries of India (ICSI) was formed under the Company Secretaries Act, 1980 to develop and regulate the profession of company secretaries in India. The origins of the profession can be traced back to the 1960s, when the Company Law Board started the Company Secretary Course and the Government Diploma in Company Secretaryship. The Institute of Company Secretaries of India was formed in 1969 under Section 25 of the Companies Act, 1956 due to the massive increase in the number of company secretaries. Company Secretaries Act, 1980.
Behind every successful man there is a woman. This saying can be slightly twisted to suit our purpose - 'Behind every successful company is a dedicated company secretary'.
A company secretary is one who deals with the public and hence is also called the 'mouthpiece' of the company. So let's begin the journey of uncovering life events and becoming a company secretary.
A company secretary is a person who ensures compliance with all laws relating to the company's operations. Hence, knowledge of corporate laws and related regulations is essential to formalize business agreements. Besides being accountable to the company's shareholders and directors, the company secretary communicates with the outside world on behalf of the company.
The role of company secretary starts from the moment the idea of company formation comes. Although the concept of making a company secretary (CS) may vary from company to company, the knowledge and training acquired by company secretaries makes them versatile to perform various functions in finance, accounting, legal administration and personnel in addition to their own. Secretarial Duties Duties and Responsibilities. The company secretary is recognized as the principal officer of the company by various laws. Thus company secretaries occupy a decisive and versatile position in companies. Companies with a paid-up capital above 5 million are legally required to employ a full-time CS to incorporate.
The career course of Company Secretary is not only prestigious but also financially rewarding. The post of Company Secretary is considered prestigious in the hierarchy and is one of the most important posts held by an individual. Because, in this position, one acts as an intermediary between the company and its board of directors, the government, shareholders and regulatory agencies. He guides the Chairman and Directors on making the best use of their responsibilities under various laws.
A company secretary is a top level employee of a company whose responsibility is to ensure that the company complies with all the laws laid down by the government and Company Secretary has been made mandatory for large companies by Government Act. The growth of the economy in recent years has seen the growth of many companies and the emergence of new companies. Hence the requirement and scope of company secretaries has also increased a lot over the years. To become a company secretary, one must complete a professional course at the Institute of Company Secretaries of India (ICSI).
The use of the word secretary in the name of this specialization is somewhat confusing for those new to the concept. A company secretary has nothing to do with full-time secretarial work. A company secretary is a professional who plays an advisory role for legal matters in a corporate setup. According to the Companies Act, companies with a minimum paid-up capital of 5 million are required to appoint a company secretary. The general secretary is a very important person in the management of the company.
A company secretary is a person who ensures compliance with all laws relating to the company's operations. Hence, knowledge of corporate laws and related regulations is essential to formalize business agreements. Besides being accountable to the company's shareholders and directors, the company secretary communicates with the outside world on behalf of the company.
• Adherence to good governance practices and corporate governance standards prescribed under the Companies Act, listing agreements with stock exchanges and various other laws, rules and regulations.
• Promotion, formation and incorporation of companies and other matters connected therewith.
• Filing, registration of documents, including forms, declarations and applications on behalf of the company
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