What is the role of a Corporate Secretary?
What is the role of a Corporate Secretary?
The Corporate Secretary is tasked with knowing and complying with meeting notice requirements and setting a schedule that accommodates the directors. Whenever appropriate, the Corporate Secretary is also responsible for arranging the logistics of transportation, lodging, venue sites, and food.
Is a Corporate Secretary an executive officer?
The Corporate Secretary is usually the executive to assist directors in these efforts, providing information on the practices of other companies, and helping the board to tailor corporate governance principles and practices to fit the board’s needs and expectations of investors.
What is the difference between a Corporate Secretary and a secretary?
A corporate secretary is a business professional who administers a number of crucial tasks in the ongoing life of a company whilst a company secretary is a professional whose role is that of an advisor for legal matters.
Is a corporate secretary an employee?
No. 119877, March 31, 1997. In this case, the Supreme Court ruled stating the following: “The president, vice-president, secretary and treasurer are commonly regarded as the principal or executive officers of a corporation, and modern corporation statutes usually designate them as the officers of the corporation.
What makes a good corporate secretary?
They must possess discretion, diplomacy, tact, emotional intelligence and good negotiation skills. They must be able to listen well and effectively communicate both orally and in written form.
Who can be corporate secretary?
The sole director of a company and the company secretary cannot be the same person. Private limited companies need not appoint a professionally qualified secretary. Only public companies must appoint a professionally qualified secretary (e.g. lawyers, accountants and chartered secretaries).
What is another name for corporate secretary?
A Company Secretary is a senior position in a citizen sector establishment. Also known as Compliance Officers, it is one of the positions that is a part of the key managerial personnel (which usually includes the CEO & CFO) of any company.
How many company secretaries are there in a company?
—A company other than a company covered under rule 8 which has a paid up share capital of five crore rupees or more shall have a whole-time company secretary….CAREER AS COMPANY SECRETARY.
| SUBJECTS | |
|---|---|
| Foundation Programme [4 papers] | |
| Professional Programme [8 papers] | |
| Module I (2 papers) | Company Secretarial Practice |
How do you become a Corporate Secretary?
Corporate Secretary: What You Need to Know The Corporate Secretary must have at least 3 years of work experience as a secretary of a company prior to his or her appointment as secretary of a public company. A sole director or shareholder cannot be assigned as a Corporate Secretary.
Who does a Corporate Secretary report to?
If the corporate secretary is also the general counsel, he or she usually reports directly to the CEO and may also report functionally to the chairman of the board or to the lead independent director.
Is a Corporate Secretary an employee?
What are the qualifications to be a Corporate Secretary?
To become a corporate secretary, you typically need at least a high school diploma or GED certificate and previous work experience in an office setting. You may also obtain an associate degree in business administration or an administrative certificate to improve your job prospects.
