A Company Secretary is:
° An expert in Company, Corporate and Securities Laws
° A vital link between the company and its Board of Directors, Shareholders, Government and Regulatory Authorities
° A conscience seeker of the company
° A compliance officer of the company
° Corporate Planner and Strategic Manager
A qualified Company Secretary has openings in industry and also has scope for practicing as an Independent Professional.
Company Secretary in Employment
° Companies with a paid up capital of Rs.5 crore or more are required to appoint a whole time Company Secretary
° All companies seeking listing on Stock Exchange are required to appoint a whole time Company Secretary
° Membership of the Institute is recognized for appointment to superior posts and services under Central Government
° Membership of the Institute an essential qualification for recruitment from Grade I to Grade IV in the Accounts branch of the Indian Company Law Service.
SELF EMPLOYMENT (PRACTICE)
° After obtaining a ‘Certificate of Practice’ from the Institute Members of the Institute can go in for Independent Practice.
° Every company having a paid-up share capital of Rs.10 Lakh or more but less than Rs.2 Crore, is required to engage the services of a Secretary in Whole-time practice for issue of compliance certificate.
° Pursuant to clause 49 of the Listing Agreement, Practising Company Secretaries have been authorized to issue Certificate regarding compliance of conditions of Corporate Governance as stipulated in the Course
Company Secretary as an independent professional
A Company Secretary in practice is recognized to issue certificates and attest documents under:
° Companies Act, 1956
° SEBI Act, SCRA and regulations etc. made there under Depositories Act
° Exim Policy
Company Secretaries in Practice render following services:
° Legal, Secretarial and Corporate Governance
° Corporate Restructuring
° Foreign Collaborations and Joint Ventures
° Arbitration and Conciliation
° Financial Management
° Project Planning
° Capital Market and Investor Relations
° Due Diligence
° Corporate Advisory Services