Functions of company secretary

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

• 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.

• 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.5 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

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

• 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