Thursday, June 23, 2011

Career As a "Company Secretary"

Introduction about CS (Company Secretary)
Institute of Company Secretaries of India (ICSI) is formed under the Company Secretaries Act, 1980, to develop and regulate the profession of company secretaries in India. The origin of this profession can be traced back to 1960 when the Company Law Board started a course in company Secretaryship leading to a Government Diploma in Company Secretaryship. An increase in the number of company secretaries led to the formation, in 1969, the Institute of Company Secretaries of India under Article 25 of the Companies Act, 1956. Institute of Company Secretaries of India has been converted into a statutory body under the Company Secretaries Act, 1980.

Behind every successful man is a woman. This statement can be twisted slightly to suit our purpose, "Behind every successful company is a dedicated company secretary.

A company secretary is the one which corresponds with the public and so is also called as the "spokesman" of the company. So let's embark on a journey to uncover the events in life and making a company secretary.

A company secretary is a person who ensures compliance of all laws related to the work of a company. For this reason, knowledge of corporate laws and regulations relating to it are required to formalize business deals. Apart from being responsible to shareholders and directors of the company, a company secretary also communicates with the outside world on behalf of the company. Therefore, he / she is' the face of the company.

A company secretary's role starts from the very moment when the idea of ​​forming a company is perceived. Although the idea of ​​forming a Company Secretary (CS) may vary from company to company knowledge and training gained from the company secretaries make them versatile to perform various functions in finance, accounts, legal and administrative-staff areas except for their secretarial duties and responsibilities. A company secretary is known as one of the leading officers of the company by various acts. Secretaries of the company, occupying a key position and versatile company. Companies that have a paid capital of the RS above. 50 lakhs more were forced by law to appoint a whole-time CS.

Exchange Company Secretary's career is not only prestigious, but is very rewarding financially. The post of secretary of the company is regarded as a respected hierarchy and this is one of the most important messages of a person is taken. This is because, in this position, acts as an intermediary between the company and the Board of Directors, shareholders and government regulators. He or she directs the President and directors how to make best use of their responsibilities under various laws.

A company secretary is a senior employee in a company which is to ensure that the company adheres to all the legalities imposed by the government therefore advises the leaders of various policies and operations of the company. To have a company secretary is due to act of the government for large companies. To boost the economy in recent years many companies have grown and new companies have emerged. Therefore the need and space for company secretaries has increased tremendously over the years. To become a secretary of a company should do a professional course at the Institute of Company Secretaries of India (ICSI).

Using the word secretary on behalf of this specialization is a bit wrong about what is new in concept. A Company Secretary has nothing to do with the regular work of the secretariat. A company secretary is a professional whose role in a corporate group up is that of an advisor for legal affairs. Under the Companies Act, a legal requirement is that companies with paid-in capital by a minimum of Rs 50 lakh are required to appoint a company secretary. A company secretary is a very important member of the management company.

A company secretary is a person who ensures compliance of all laws related to the work of a company. For this reason, knowledge of corporate laws and regulations relating to it are required to formalize business deals. Apart from being responsible to shareholders and directors of the company, a company secretary also communicates with the outside world on behalf of the company. Therefore, he / she is' the face of the company.




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