The corporate sector is ever growing and every public limited company has to have a company secretary (CS) to meet its statutory obligations such as filing of annual statements with the stock exchange and department of company affairs.
DurationThe corporate sector is ever growing and every public limited company has to have a company secretary (CS) to meet its statutory obligations such as filing of annual statements with the stock exchange and department of company affairs.
Even in the day-to-day transactions of business the company secretary has many responsibilities that he has to discharge on behalf of the organisation.
A company secretary's functions include advising companies on compliance of legal and procedural aspects, particularly under SEBI Act, Securities Contracts (regulation) Act
Depositories Act and is instrumental when it comes to forming mergers, amalgamations and strategic alliances or foreign collaborations and joint ventures. CS is responsible for drafting all legal documents of the company and preparing various returns and reports required for compliance with the tax laws and regulations under Income Tax, Excise and Customs laws, Service Tax and other applicable taxes.
Besides the statutory duties, a secretary discharges a number of general duties such as to carry out the orders of the board of directors and also assists the board in formulation of various policy decisions.
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