A Company Secretary is a senior position in a company, responsible for
ensuring that the company complies with legal and regulatory requirements, and
that board decisions are properly implemented.
The role includes maintaining company records, ensuring compliance with the
Companies Act and other laws and regulations, and communicating with
shareholders and other stakeholders. The Company Secretary is also responsible
for ensuring that the Board of Directors is provided with accurate and timely
information and that meetings are conducted in accordance with the company's
rules and procedures.
In India, the Companies Act of 2013 recognizes the role of the Company Secretary
and specifies certain responsibilities for the position.
The Main Role handled by Company Secretary are:
- Roles of a Company Secretary
- Ensuring the delivery of allotment and registration information to the
registrar.
- Applying for an increase in share capital, and monitoring the delivery
of share certificates of allocation.
- Keeping track of share warrant holders.
- Complying with the law and filing annual returns.
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.
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