Career as Comapany Secretary

[dimpy.handa]

With increasing globalization, numerous corporate entities catering to the various industry spectrums have been seen emerging on the Indian economic scene. Increasing competition among the corporate houses coupled with the opening up of the economy brings with it the complexities in the running of an organization. It is here that the role of a Company Secretary is so important to an organization or business house, since he is competent to provide sound advice on corporate, legal, secretarial, administrative and even tax related matters. While a Company Secretary can aspire to get employment opportunities in government accounts or law departments, he can also become a Chairman or Managing Director of a Company or be a part of the esteemed Board of Directors of a Company.

 

[dimpy.handa]

Qualified company secretaries can find well-paid positions in the private sector and public corporate sector, banks and financial institutions, stock exchanges, the Department of Company Affairs, company law boards and government departments. The larger the company and the wider its field activity, the better the emoluments earned by the CS. private consultancy jobs are a very lucrative option.

Liberalisation and globalisation have a massive boost to corporate activity and along with it the openings for company secretaries continue to grow. In the present age of mergers, acquisitions, and tie-ups this profession looks forward to rich dividends.

 

[swatiraohnlu]

Company secretaries have to be very disciplined and organised as they hold key positions. They are expected to have thorough knowledge and understanding of their subject as they may have to deal with complex legal situation. Excellent command over english, both written and oral is important. At the same time ability to understand, analyse complex and technical issues and exercise accordingly with tact and intelligence are other essentials. Associated with the top level management and being aware of top level plans and important secrets, it becomes a moral resposibility of company secretaries to be loyal to their organisation.

 

[dimpy.handa]

The company secretary of a private limited company (LTD) needs no formal qualifications. It is the directors responsibility to ensure that the company secretary has the appropriate knowledge and experience to act as a secretary of the company. In the case of a public limited company (PLC), the secretary will normally be expected to be professionally qualified as a lawyer, accountant or company secretary, though previous experience as secretary of a PLC may also be taken into account. In addition, if the person acting as the company secretary has a disqualification as a director either by order of court or through bankruptcy then it will prevent an individual acting as
a company secretary unless a court specifically allows this.