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.
Managing Director is appointed for a period of ______ Years.
Select the correct answer from the options given below and rewrite the statement.
To provide guidance to Board is _____ duty of company Secretary
Write a word or a term or a phrase which can substitute the following statement:
The officer responsible for company’s finances
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:
Qualification required being a Company Secretary.
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.
Answer in one sentence.
Who provides guidance to the Board of Directors?
Explain the following Term/Concept:
Non-Executive Director.
Explain the following Term/Concept:
Secretarial Audit
Distinguish between the following:
Director and Managing Director
Answer in brief:
State any four powers of the Board of Directors.
Answer in brief:
State any four powers of Managing Directors.
Justify the following statement:
DIN helps investors of the company.
Justify the following statement:
Managing Director has substantial powers of management.
Justify the following statement:
Indian companies prefer to appoint a M. D. than Manager.
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 of 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 in the following statement.
This KMP signs document of company requiring authentication by company.
