Question

A company secretary plays a vital role in company administration. His role can conveniently be studied
(I) As a statutory officer
(II) As a key managerial personnel
(III) As a coordinator
(IV) As an administrative officer.
Select the correct answer from the options given below

• A. (I), (II), (III) & (IV) of the above
• B. (I), (II) & (III) of the above
• C. (I), (II) & (IV) of the above
• D. (II), (III) & (IV) of the above

Answer 1

Answer: (A)

(I), (II), (III) & (IV) of the above

The functions of Company secretary includes:

• To report to the Board about the compliance with the provisions of this Act.
  
• To ensure that the company complies with the applicable secretarial standards.
  
• To provide to the directors of the company the guidance they require in discharging their duties, responsibilities and powers.
  
• To facilitate the convening of meetings and attend Board, committee and general meetings and maintain the minutes of these meetings.
  
• To obtain approvals from the Board, general meeting, the government and such other authorities as required under the provisions of the Act.
  
• To assist the Board in the conduct of the affairs of the company.
  
• To assist and advise the Board in ensuring good corporate governance and in complying with the corporate governance requirements and best practices.
  

These functions, hence, mean that role of Company Secretary is as a statutory officer; key managerial personnel coordinator as well as an administrative officer.