Employing a Corporate Secretary (CS) will be an best option for any company that is looking to maximize the performance of their company. The CS job performs a range of tasks, such as Corporate Legal Compliance as well as Business administration as well as corporate management. This position is also adaptable, since it has work hours that can be adapted to meet the requirements of the business.

performs corporate and administrative governance functions

Sometimes called the CS is a official record keeper, the official secretary's function is crucial to the running of a business. According to the Companies Act, 2013, Company Secretary is the most important manager in the Company. The secretary is accountable to ensure that all business operations are in line with the legal requirements. The secretary for the company serves as a link between shareholders, their representatives as well as the board of directors and other important stakeholders.

In addition to ensuring the compliance of the company with laws of the state and Central laws, a corporate secretary is also responsible for a range of administrative and corporate governance duties. The secretary prepares and keeps company records and reports on business activities, drafts legal documents and supervises the operation of the company. The secretary may also be charged with the responsibility of investigating tax filing as well as conducting audits. The secretary of the company can be a technical member to the Company Law Tribunal.

The role of the corporate secretary is crucial to ensure that the decision-making process of the board is conducted in accordance with the provisions under the Companies Act 2013. The secretary's role is to advise the board on sound corporate governance and implementing board's decision-making process. The secretary of the company also plans and oversees board meetings along with various committees. They prepare as well as distributes minutes of meetings, which is often used in legal proceedings.

The secretary of the company is also accountable to creditors, shareholders as well as society for any act of misconduct or negligence that might occur during the execution of the duties. The secretary is not able to sign any contracts or loan agreements on behalf of the company. Nor is he or her authorized to accept any debt due to the company.

The secretary of the company is responsible for ensuring the board of directors of the company is in compliance with its bylaws and AOA, MOA and charter. AOA, MOA. They also oversee the board's communication with regulatory agencies and assists the board to implement its decisions. The secretary of the company also makes sure that the board is in compliance with its disclosure requirements , including related parties, interest disclosures etc.

The secretary of the company is typically an employee of the company's legal team. However, they could also be acting independently or be part of an independent company secretariat team. The secretary is responsible for the preparation and dispersing annual and shareholder reports.

Good communication and organizational skills

With regard to the expansion of Indian business industry There are lots of shifts that have taken place in the business world. The role of a corporate secretary has evolved to meet the demands of an modern company. It is essential to possess an excellent level of communication and organisational abilities to be successful in this job. Additionally, a business secretary should be able to handle many tasks at the same time. After some practice, these skills can be developed and learned.

A secretary for a company must be able to comprehend the law and the regulatory requirements that apply to a business. He should be able to understand financial information and provide advice to the board on matters that are affecting the business. He should also be able to provide advice to the board on ethical and other regulatory concerns. It is equally important to be able to comprehend the meaning of the terms insurance, tax and other corporate terminology.

A secretary for a company must be able of juggling several tasks, while remaining professional and friendly. The secretary must be able effectively communicate with staff members and customers as well as be proficient in managing employee benefits and risk. A secretary for a company must be able to manage notes and record meetings.

An office secretary who has been assigned as CS, is accountable for keeping a record of investors and shareholders' investments. The secretary must also make sure that the records are kept up-to-date. He should be able to write and file annual reports in time. He must also keep track of changes to the law that governs firms.

A CS for a company is an important element of any company. He is a vital part of the operation of the company as well as keeping the company's reputation in good standing. He also offers legal advice to the business regarding issues like conflicts of interest employees' benefits, conflicts of interest, and insurance. He can also assist in the administration of pension plans. A secretary for a company is responsible for the management of office space and taking care of correspondence.

If you'd like to be an official secretary in your company begin early. The need for CS professionals has increased substantially, because CS provides a variety of services that include Company Law, GST, gst registration, accounting, income tax and intellectual property (Trade Mark), General Law and so on. More companies are willing to employ the most effective CS to handle the whole spectrum.

For more information about CS professions, go to the ICSI of India .

Company Secretary Contact

Any Company which has capital of Rs.10Crore and above must employee full time company secretary to manage there compliance.

Compliance management is important task for any Company. no business can bear the loss of reputation and loose the investment from prospective investor or customer.

Company Secretary has been qualified from ICSI, he make sure to safe-guard the business interest and improve your business Brand.

For Company Compliances, Corporate law management support to your Company in India, contact Prakasha And Co, Bangalore’s Leading Company Secretary and Law Firm practicing from last 10 years in the area of Business law, Corporate law, GST, Income-tax.