A company secretary’s role in a company is very important. Apart from acting as a link between the board of the organization and the various stakeholders, government and other regulatory authorities, he/she also carry out all the duties like maintaining records, endorsing legal requirements, responding to board correspondences, communicating with various officials and much more. It is no denying the fact that, a company secretary performs a complex, multifaceted and essential roles in any organization.
Before selecting a company secretary, the company should list down the requirements it needs for such a role. A person who applies for the position should:
- Have complete knowledge and experience of company procedures
- Be systematic, well organized and impartial
- Have knowledge of roles and responsibilities he/she has towards the organization
- Be aware of the recent changes in the industry
- Possess a qualification as required
- Represent the company or other members of the company before the Company Law board or such authorities
- Register and file documents on behalf of the company
- Advise on ethical governance practices and corporate compliances
The Institute of Company Secretaries of India (ICSI) conducts the CS program in India. After 10+2 in science, commerce or arts, excluding fine arts, a candidate can enroll for the Company Secretary program in three stages
- Foundation Course
- Executive Course
- Professional Course
A proficient and experienced company secretary should possess the following skills which are important for personal as well as professional growth:
- Good communication skills
- Methodical and decision-making ability
- Strong reasoning ability & problem-solving skills
- Good with statistics
- Ability to work on and grasp company annual reports
- Must have a good understanding of the global market
Apart from being the mediator between the board and the shareholders, a company secretary also communicates with the outside world on the company’s behalf. The company secretary makes sure that everyone is informed about the meetings and where they take place, keeping all the records for future reference. In addition to that, the company secretary takes care of notifying event of changes in shareholding patterns, directorship etc. He/she handles all the important correspondence that happens between the board and its members.
Source : Internet
RAJ RIJHWANI
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