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What is the nature of company secretary?

Posted on January 2, 2023 by Author

What is the nature of company secretary?

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.

What is future scope of company secretary?

Areas where company secretaries can find work; different job opportunities and prospects for all types of jobs. As a CS, you will be appointed as an IT manager and consultant, finance officer, public issuer, securities and records management, corporate and financial advisor, and corporate governance positions.

Is a company secretary a good profession?

They handle a more authoritative position which provides opportunities and space for ideas and opinions. This job provides many perks and job satisfaction is one of them, CS gets a higher management position quite early in the career. So, they as well obtain recognition in a good working environment.

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Does company secretary pay well?

Company secretaries generally earn an amount that is proportional to their level of experience in the field. There is a lot of opportunities for increments as experience and a renowned employer can boost the salary of a company secretary to Rs. 100,000 per month.

Does a company need a company secretary?

All public companies are obliged to have a company secretary. In April 2008, as a result of the Companies Act 2006, the post became optional for private companies unless their articles of association explicitly require them to have one.

Can a company secretary get a government job?

As every company who’s paid up capital is Rs. 5 lakhs or higher needs to have a personal Company Secretary as per The Companies Act, 1956 Company Secretaries have fine job opportunities. Candidates who have completed their CS course with exceptional performance get jobs in Government sector.

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