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Questions and Answers
What are the main areas in which a Company Secretary renders services?
What are the main areas in which a Company Secretary renders services?
Which of the following correctly describes the role of a Company Secretary?
Which of the following correctly describes the role of a Company Secretary?
What is the primary function of a Company Secretary in terms of compliance?
What is the primary function of a Company Secretary in terms of compliance?
What responsibilities does a Company Secretary have related to board procedures?
What responsibilities does a Company Secretary have related to board procedures?
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How does the text describe the role of a Company Secretary in relation to laws and regulations?
How does the text describe the role of a Company Secretary in relation to laws and regulations?
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Periodically examination of work by a Company Secretary is necessary for which purpose?
Periodically examination of work by a Company Secretary is necessary for which purpose?
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What action should be taken after a Company Secretary is named in the Articles of Association?
What action should be taken after a Company Secretary is named in the Articles of Association?
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What is the process for terminating a Company Secretary according to the text?
What is the process for terminating a Company Secretary according to the text?
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What actions are necessary when appointing a new Company Secretary?
What actions are necessary when appointing a new Company Secretary?
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What is the main function of a Company Secretary as per Section 205 of the Companies Act, 2013?
What is the main function of a Company Secretary as per Section 205 of the Companies Act, 2013?
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Who issues the Secretarial Standards according to the text?
Who issues the Secretarial Standards according to the text?
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Which companies are exempt from following the Secretarial Standards as per the text?
Which companies are exempt from following the Secretarial Standards as per the text?
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What is NOT a responsibility of a Company Secretary in terms of Corporate Laws Advisory Services?
What is NOT a responsibility of a Company Secretary in terms of Corporate Laws Advisory Services?
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Which of the following is a part of the Company Secretary's responsibilities in Finance & Accounting Services?
Which of the following is a part of the Company Secretary's responsibilities in Finance & Accounting Services?
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In terms of Management Services, what is a key responsibility of a Company Secretary?
In terms of Management Services, what is a key responsibility of a Company Secretary?
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What aspect does the Company Secretary NOT typically deal with in terms of Marketing responsibilities?
What aspect does the Company Secretary NOT typically deal with in terms of Marketing responsibilities?
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Which of the following is NOT a role of a Company Secretary in Corporate Communications?
Which of the following is NOT a role of a Company Secretary in Corporate Communications?
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What falls under the Company Secretary's responsibilities in Information Technology?
What falls under the Company Secretary's responsibilities in Information Technology?
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Study Notes
Role of Company Secretary
- A company secretary is a multi-disciplinary professional who provides services in corporate governance, secretarial, compliance, audit, and certification.
- They monitor compliance with corporate laws, rules, and regulations, and ensure a robust compliance mechanism in an organization.
Functions of a Company Secretary
- Corporate Governance and Secretarial Services:
- Corporate governance services
- Corporate secretarial services
- Secretarial/compliance audit and certification services
- Financial Market Services:
- Public issue, listing, and securities management
- Takeover code, mergers, and amalgamation
- Securities compliance and certification services
- Financial and Accounting Services:
- Taxation services
- International trade and WTO services
- Management Services:
- General/strategic management
- Corporate communication and public relations
- Human resources management
- Information technology (ICT) usage
- Marketing Services:
- Agreements with customers
- Compliance of packaging rules
- Sales tax management
- Registration and licensing of trademarks
- Corporate Communication:
- Conducting high-profile meetings
- Agenda, notice, and minutes
- MIS and follow-up
- Effective communication with all stakeholders
Termination of Company Secretary
- Convene a board meeting to take decisions on removing the existing company secretary
- Intimate the secretary and ask for representation within 15 days
- Convene a second board meeting to consider the representation and cancel the agreement
- Appoint a new company secretary and inform the ROC by filing e-Form 32 within 30 days
Secretarial Standards
- Issued by the Institute of Company Secretaries of India (ICSI)
- Approved by the Central Government
- Mandatory for all companies except one-person companies
- 10 secretarial standards have been issued by ICSI
- MCA has notified SS-1 and SS-2 on 10.04.2015 and published in the Gazette
- Effective from 01st July, 2015
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Description
Test your knowledge on the role of a Company Secretary. Explore various areas where a Company Secretary provides services such as corporate governance, secretarial services, compliance audit, and certification. Learn about the responsibilities and duties of a Company Secretary.
