Thursday, June 14, 2012

What is company secretary?

What is company secretary?

Hello dear friends here you will get What is company secretary? and Define company secretary. Unlike a private secretary the status of a company secretary is legally defined. The person who holds the position of the secretary of a company can be termed as ‘company secretary’.
Indian companies act, 1956 (amended, 1974), defines a secretary as “Any individual possessing the prescribed qualifications appointed to perform the duties which may be performed by a secretary under this act and any other ministerial or administrative duties.”

In the words of Prof. sen & Mitra, “The secretary is an officer of the company having specified duties.

Prof. R. Pal and J. S. Korlahalli stated that, “He (Secretary) acts as a vital link between the company, Board of directors, shareholders and the Government and other regulating agencies.”

From the above definitions following features of a company secretary can be identified:
i. has a legal position.
ii. Duties specified by the law.
iii. Should have appropriate qualification.
iv. Link among concerned parties.

Thus it can be said that the person who appointed as a secretary in compliance with the companies Act., performing prescribed duties and maintaining link among the stakeholders can be labeled as ‘company secretary’.

What is company secretary?

Hello dear friends thanks for visiting this site and post. Negosyo. Friend if you like this What is company secretary? and Define company secretary this article then do comments and share. Friends you will get another supper related post "The importance of a secretary".

No comments:

Post a Comment