Advertisements
Advertisements
Question
Justify the following statement:
Company Secretary plays a triple role.
Advertisements
Solution
(a) A company secretary works in triple capacities viz.
(i) as a Statutory Officer of the company,
(ii) as a co-coordinator and
(iii) as an administrative officer of the company. As a statutory (principal) officer of a company. a secretary has to sign documents for authentication, to sign and deliver annual returns to the Registrar of companies. He has to maintain different statutory registers like minutes books, Register of members, etc.
(b) As a co-coordinator, a company secretary is required to work as a network or connecting link between the Board and different executives at different levels. As an external co-coordinator, he is required to create a good relationship between company one-to-one hand and shareholders, Government, and the public at large on the other hand. As an administrative officer, a company secretary needs to ensure the implementation of the policies of the company. He has to guide, supervise, and control different departments of the company.
APPEARS IN
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Only a member of ________ Can be a practicing Company Secretary
Write a word or a term or a phrase which can substitute the following statement:
The officer who is a statutory and administrative officer and also acts as co-coordinator of the company.
Write a word or a term or a phrase which can substitute the following statement:
Agents, Trustees and Managing Partners of the company.
Write a word or a term or a phrase which can substitute the following statement:
This KMP signs document of the company requiring authentication by the company.
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-l
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-2
Answer in one sentence.
Who is the officer responsible for the Company’s financial plan?
Correct the underlined word and rewrite the following sentence:
First Directors are appointed by ROC.
Explain the following Term/Concept:
Independent Director.
Explain the following Term/Concept:
Chief Financial Officer
Explain the following Term/Concept:
Company Secretary
Explain the following Term/Concept:
Secretarial Standard
Study the following case/situation and express your opinion.
Mr. Z is a member of Institute of Company Secretaries of India:
(a) Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation?
(b) Can Mr. Z work as a secretarial Auditor?
(c) Mr. Z wishes to be employed as whole time Secretary in companies ABC Ltd. and OPC Ltd. Is he allowed?
Answer in brief:
State any four powers of the Board of Directors.
Answer in brief:
State any four powers of Managing Directors.
Answer in brief:
State the Statutory Duties of a Company Secretary.
Justify the following statement:
Directors have to work as a team.
Justify the following statement:
Indian companies prefer to appoint a M. D. than Manager.
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.
