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Question
Justify the following statement:
Company Secretary plays a triple role.
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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.
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