Advertisements
Advertisements
प्रश्न
Explain the following Term/Concept:
Company Secretary
Advertisements
उत्तर
(1) Secretary is an employee of the company enjoying powers to aid and advise the management. He must be an individual and a member of the Institute of Company Secretaries of India (ICSI). He is a statutory officer, a co-ordinator, and an administrative officer of the company. He is a full-time principal officer of a company. The first secretary of a company is appointed by the promoters of the company. He is called as “Pro tem Secretary". The formal appointment is done by the Board of Directors by passing a board resolution to that effect. This resolution mentions the remuneration and allowances payable to a secretary.
(2) Secretary acts as the agent of the Board and helps the Managing Director to execute the plans and policies of the company. He is responsible for the secretarial work and efficient administration of the company. The Secretary forms part of the bottom level management. He is considered to be the eyes, ears, and hands of the company.
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ is required to work under the superintendence, control, the guidance of the Boat.
Select the correct answer from the options given below and rewrite the statement.
_________ Is an employee of the company?
Write a word or a term or a phrase which can substitute the following statement:
The organization with a distinct features of separate ownership and management.
Write a word or a term or a phrase which can substitute the following statement:
The body of elected representatives of company.
Write a word or a term or a phrase which can substitute the following statement:
Audit which checks compliances of different legislations.
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-2
Answer in one sentence.
What is the importance of Secretarial Standards?
Answer in one sentence.
Who provides guidance to the Board of Directors?
Answer in one sentence.
What is the tenure of the ‘Managing Director"?
Correct the underlined word and rewrite the following sentence:
First Directors are appointed by ROC.
Study the following case/situation and express your opinion.
Mr. A is a commerce graduate. He has vast experience in the field of finance and the financial market. He wishes to become director of PQR co Ltd :
(a) Is he required to obtain DIN?
(b) Can PQR Co. Ltd. object to his directorship on lack of specialized qualification
(c) If he is appointed as director of PQR Co Ltd, is he entitled to remuneration?
Answer in brief:
State any four powers of the Board of Directors.
Justify the following statement:
Directors are Managing Partners.
Justify the following statement:
A Director is an agent of the Company.
Justify the following statement:
The company has a distinct feature of separate ownership and management.
Justify the following statement:
Managing Director has substantial powers of management.
Justify the following statement:
Secretarial Standards should be in conformity with the Act.
Answer the following question:
Explain the role of the Company Secretary.
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs document of company requiring authentication by company.
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs document of company requiring authentication by company.
