The Institute of Company Secretaries of India (ICSI) is comprised under the Company Secretaries Act, 1980, to create and regulate the calling of Company Secretaries in India. The root of this calling can be traced back to 1960, when the Company Law Board started a course in Company Secretaryship leading to a Government Diploma in Company Secretaryship. A tremendous development in the quantity of Company Secretaries prompted the formation, in 1969, of The Institute of Company Secretaries of India under Section 25 of the Companies Act, 1956. The Institute of Company Secretaries of India has been changed over into a statutory body under the Company Secretaries Act, 1980.
Behind each effective man there is a woman. This saying can be turned a little to suit our motivation ‘Behind each fruitful company is a dedicated Company Secretary’.
A Company registration service Hong Kong is the person who relates with people in general and hence is also named as the ‘representative’ of the company. So we should embark on an excursion to divulge about the happenings in the life and making of a company secretary.
A Company Secretary is an individual who ensures compliance of all laws, which relate to the working of a company. Hence, information about corporate laws and the standards related to it are mandatory to formalize business deals. Apart from being dependable to the shareholders and directors of the company, a company secretary also communicates with the outside world on behalf of the company. Hence, he/she is the ‘face of the company’.
A Company secretary hk job starts from the exact instant when the idea of formation of a Company is imagined. Although the idea of formation of a company Secretary (CS) may vary from company to company the information and training acquired by company secretaries make them versatile to carry out various capacities in Finance, Accounts, Legal Administration and Personnel areas in addition to their own secretarial obligations and duties. A company secretary is perceived as one of the principal officers of the company by various enactments. Company secretaries, thus involve a pivotal and versatile situation in companies. Companies having a paid up share capital of above Rs. 50 lakhs for more are statutorily required to appoint an entire time CS.
The career course of Company Secretary cannot prestigious yet is financially rewarding too. The post of a Company Secretary is viewed as a respectable one in the hierarchy and this is one of the most important posts an individual handles. This is because, right now, acts as the mediator between the company and its Board of Directors, government, shareholders and regulatory authorities. The individual in question controls the Chairman and the Directors on the best way to make the best use of their obligations under various laws.