Company secretary: appointment, role and responsibilities by practical law corporate (with assistance from peter swabey, policy & research director, institute of chartered secretaries and administrators. introduction today, a company secretary has an increasingly important role in the area of corporate governance and must therefore be pro-active in satisfying his/her duties and responsibilities under the corporations act 2001. The companies act, 2013 has considerably enhanced the role and responsibilities of company secretaries both in employment and in practice company secretary is a key managerial person in a company, responsible to ensure the effective and efficient administration of the company and certifying the. Company secretary: job description company secretaries provide administrative support and guidance to company directors it is a legal requirement for all public companies to employ a company secretary.
In addition to having good communication, organizational, math and computer skills, construction company secretaries must also understand the construction process and terminology in order to carry out their job duties. Duties(&(responsibilities(1(perform(the(duties(andresponsibilities(of(acompany(secretary(as(requiredby(the(corporations(act((ca),(the(company's(constitution,(the. The responsibilities and roles that company secretaries play are important with regard to legal compliance because a failure to perform these duties adequately can have many severe consequences for you and your company. Despite the name, the role is not a clerical or secretarial one in the usual sense the company secretary ensures that an organisation complies with relevant legislation and regulation, and keeps board members informed of their legal responsibilities.
The company secretary (abbreviation co-sec) is an officer of the company and advisor to the board he/she should familiarize himself/herself with the provisions of the memorandum and articles of association of the company. Summary of duties and responsibilities of company secretary requirements of the companies act, 1965 as you may be aware, section 139(1) of the companies act, 1965 ( the act) requires every company to have. Being a company secretary is a multidisciplinary profession: the roles and responsibilities are also diverse supporting executive of the board of the company/organization: a company secretary briefs the board about different aspects and functionalities of the business. Easy-to-use secretary job description lists the tasks and skills of the secretarial or administrative professional role practical job descriptions for both employers and job seekers. The essential company secretary is a one-stop guide to the essential responsibilities and duties of company secretaries in hong kong compliance with guide is required of all members of the hkics for both private and listed companies.
Hopkins corporate solutions a company secretary's duties and responsibilities includes performing those required by the corporations act 2001 (ca), the company's constitution, listing. Company secretary duties and responsibilities specific job duties for company secretaries vary based on their employer however, there are several core tasks common. If a private company doesn't have a company secretary then the company secretarial duties and responsibilities fall upon the directors of the company with the increase in the number of social enterprises and community interest companies there is often a demand for a company secretary in the voluntary and community sectors as well as ordinary. In the case of panorama development (guildford) ltd v fidelis furnishing fabrics ltd[i], the company secretary was described as ' an officer of the company with extensive duties and responsibilities' beyond that of a mere servant.
Learn about the roles and responsibilities of a singapore company secretary - appointing one is a key requirement of all companies incorporated in singapore. A close look at the roles and responsibilities of a company secretary the company law in the real sense imposes a couple of obligations and administrative duties on every organization, and. Duties and responsibilities of a scrutinizer under companies act, 2013 (for e-voting) duties of scrutinizer: company secretaries. Duties of a company secretary a guide from an acra filing agent why you should hire a qualified individual from an acra filing agent the importance of good corporate governance.
The majority of a company secretary's work is done in the office, but depending on the type of company you work for and where that company does business, there might be some travel required entry although no specific degree is required for a career as a company secretary, degrees in law, finance, governance or business and administration. We like to provide company secretary services, company registration services, accounts, income tax and financial advisory as fdi law. Company secretary's duties and should empower the company -length relationship with the board and its directors, as fa company with guidance as to their duties, responsibilities and.