What are the various tasks that a company secretary performs?
Is the job of a company secretary, a respected and valuable one?
Company secretary is a fulcrum to any company. We can also put it this way - behind the success of a company, there is always a dedicated company secretary. It is considered as one of the most respected and valuable jobs in any company. Company secretary is the one who calls the shot by being behind the curtains and not coming into limelight. The basic work of a company secretary is to address public and hence is also termed as the “spokesperson” of the company. Company secretary, in a layman’s term is the face of the company.
What are the various tasks that a company secretary performs?
There are various duties of a company secretary.
- Their job is to make sure that the company is meeting compliance requirement and performing good governance practices as per the Companies Act.
- Promotion, formation and incorporation of companies are also related to it.
- They have the authority given by the company to file, register or return any kind of documents.
- Arranging board meetings and maintaining statutory books and records are also in their checklist of duties.
- Arranging board meetings, preparing minutes of meeting, secretarial audit and also advising companies on compliance of legal and procedural aspects are various tasks that a company secretary has to perform when required.
- They are the ones handling matters related to contracts from the Income Tax Department.