Company Secretary (CS) is a honorific, prestigious title per se, that is bestowed upon a professional by a statutory body albeit only after successful completion of all the three levels ie CS Foundation, CS Executive and CS Professional exam.
Company Secretary (CS) is a honorific, prestigious title per se, that is bestowed upon a professional by a statutory body albeit only after successful completion of all the three levels ie CS Foundation, CS Executive and CS Professional exam.
The Institute of Company Secretaries of India (ICSI) is the only professional body in India that has been formed for regulating and developing the highly esteemed profession of Company Secretaries in India. The ICSI was fundamentally established as a statutory body via an act of the Parliament ie the Company Secretaries Act,1980.
Ministry of Corporate Affairs is the parent body that governs the entire functioning of ICSI and at present, there are around 62000 members along with 3.5lac students that are enrolled with the ICSI. Company Secretary is hence a very reputable and senior position both in a private as well as in a public sector company.
A Company Secretary is considered as a Key Managerial Personnel (KMP) in a company wherein he regularly deals with the top level management and the primary role of a CS is to act as a bridge between an organization and its innumerable shareholders, board of directors, government and regulatory authorities.
A Company Secretary meticulously ensures that the rules of a company are being acquiesced with, and a CS is thus considered as an admirable appellation to hold.
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ICSI is the professional body that develops and regulates Company Secretary training, profession and membership in India. This body was established by Act of parliament for taking care of CS profession, training and membership.
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Company Secretary is a compliance officer of the company who is expert in corporate laws, securities laws and capital market and corporate governance. Being a corporate planner and a strategic manager, a Company Secretary is responsible for all regulatory compliances of the company.
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