Duties Of Company Secretary Under Companies Act 2016

Thus company secretary means an individual who is a member of the institute of company secretaries of india icsi and is appointed to perform the function of a company secretary under the companies act.

Duties of company secretary under companies act 2016. A company secretary is an important organ of a company who performs various ministerial and administrative duties. Section 235 companies act 2016. With effect from 10th october 2016 no person shall act as a company secretary to a company. Melayu malay 简体中文 chinese simplified roles and responsibilities of a company secretary in malaysia.

As the secretary is an officer of the company under section 1121 2 of the act he or she may be criminally liable for defaults committed by the company. Every company shall have one or more company secretaries each of whom shall be a natural person of full age. Company secretary is key functionary in the corporate pyramid with increasing emphasis on the principles of good governance and on companies. Requirement for a secretary.

1 a company shall have at least one secretary who shall be a a natural person. This page is also available in. As per company secretary act company secretary means a person who is a member of the institute of company secretary of india. Responsibilities of company secretary have increased manifolds towards safeguarding the interests of all stakeholders.

For example failure to file in the time allowed any change in the details of the company s directors and secretary or the company s annual return.