Duties Of Company Secretary

Company secretaries who are also directors of the same company should note that due to the differing nature and scope of duties of the respective posts it is important that they are aware in relation to each task whether they are carrying this out as director or secretary and in particular in which capacity they are signing notices and other documents. Company secretary is appointed in public companies as mandatory and some of the cases in private limited company also. As the secretary is an officer of the company under section 1121 2 of the act he or she may be criminally liable for defaults committed by the company.

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While the companies act does not generally specify the role of the company secretary they usually undertake the following duties.

Duties of company secretary. The company secretary should also be regularly present at the company s registered office. For example failure to file in the time allowed any change in the details of the company s directors and secretary or the company s annual return. According to company act. He may be dismissed on the grounds of disobeying misconduct or permanent disability.

A corporate secretary has to ensure that the management is following the statutory requirements for activities like issuing shares governance of the subsidiary. The secretary is an officer of the company and their duties can be wide ranging. Maintaining the company s statutory books including. He will be the point of contact between the company and the shareholders.

A corporate secretary has to look after the compliance of the federal and state governance laws corporate and securities laws and other legal compliance of the company. Duties of company secretary. A company secretary has to process the records and then has to prepare the legal agenda of company by processing records. Duties and responsibilities of a company secretary there are a lot of responsibilities which a company secretary has to fulfill and here are the some of them.

The board as well as the chairman rely on the company secretary to advise them about their duties under the law the corporate governance requirements compliance with the listing rules and in conducting the legally required meetings in a timely and appropriate manner. The company secretary is to ensure that the interests of the shareholders are protected. The company secretary of a company in singapore has few core duties as part of established and best practices in compliance with the regulatory framework and irrespective of whether these are mentioned in the employment contract additional duties as an employee in accordance with the employment contract and certain fiduciary duties. The company secretary is the compliance officer of the company.

A register of present and past directors and secretaries. The company secretary is an employee of a company and he must perform his duties with reasonable care. One or multiple company secretary might be appointed in each company. Many duties and responsibilities are performed by company secretary as follows.

2 duties to the shareholders. Statutory duties of company secretary.