Monday, 1 October 2018

The Pivotal Role Of Company Secretary In A Company

A Company Secretary is a very important person in a company. Apart from Director or Shareholders, they are also quite important in many aspects. There are some major decisions that entirely depend upon the Secretary of a company. Many important powers and duties are vested upon him.

Importance of Company Secretary:

It can be well said in this connection that the secretary of a company is one of the highest designations of a company. Hence the name of HK Company Secretary needs to be mentioned in this regard. He is the person who takes many major decisions of a company.

Some of the major functions of the Secretary of a Company include registering the names of shareholders of a company, preparing the agenda of a meeting, transferring of shares, holding of annual general meetings, maintaining liaison with the lawyers and attorneys etc.

In other words, it can be said that Company Secretary holds a very vital position in a company. In fact,the goodwill of a company depends to a large extent upon the Secretary of the Company. He holds a key position in a company.


The Various Roles of Company Secretary:

It has been observed that the importance of Secretary of a Company is quite vital in all aspects. No company can survive without a proper Company Secretary. The position is quite lucrative and full of responsibilities at the same time.

In fact Corporation Service Company is a very vital company .It is a company that operates in major sectors.  The company operates in major countries of the world with a huge strength of employees. The company has a legal sanctity and maintain a good standard of work. The employees working here are well experienced and skilled in their field.

The company has a good reputation in the field of finance and legal too. Due to its quality work it has earned a huge reputation in the business world. The employees are well paid and have a good reputation in the corporate market.

It has been observed that the Company Secretary Service is one of the best service and work. It has good future prospects at the same time. The people who are engaged in this profession usually have a sound academic qualification.

Apart from this person who have law degrees from recognised University can join the company secretary service after some years of service. Day by day the importance of this job is increasing. There are many people who open individual firms after acquiring this degree and experience.

Most of the firms that are associated with this job are entrusted in the incorporation of both private and public companies. Moreover, the work of transfer and transmission of shares are also done by this type of companies. 

Even the Secretary of Company is also entrusted with the responsibility of appointment of Directors, Managers, auditor of a company. All the major appointments are done by him. Thus it can be well presumed from the above discussion about the importance of Secretary of a Company.

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