Secretrial Practice

SECRETRIAL PRACTICE Section 2(45) of the Companies displace, 1956, as amended by the Amendment Act of 1988, A depository means a person who is a process of the Institute of confederation Secretaries of India, and includes any other case-by-case, possessing the despotic qualifications, and name to perform the duties which may be performed by a depository under this Act and any other ministerial or administrative duties. This definition reveals three important facts: 1. plainly an individual may be appointed as a companion secretary and any firm or physical structure bodied cannot be so appointed. 2. A company secretary should be a person who is a member of the comprise of Company Secretaries of India or a person who has requisite qualifications to be prescribed by the Central Government. 3. The duties of the secretary atomic number 18 ministerial and administrative, they are not managerial ones, he is not entrusted with the direction, lead or ma nagement of the affairs of the company. But the Companies Act does not veto a company from appointing a secretary enjoying render executive manager powers of management delegated by the Board of Directors in addition to his crook ministerial duties. W here a secretary is entrusted only with the habitude duties, he is called a routine secretary.

But where he is also entrusted with limited powers of management i.e. powers delegated by the Board of Directors to perform administrative or managerial functions involving accustom of direction, he is called an executive secretary. It may be noted that if the ecumenical managerial p owers relating to the management of the whol! e affairs of the company are given to him, the company secretary, though called by that name, will real be the manager, or if he is also a director, then he will really be the managing director for the purposes of the Companies Act. We are however concerned here with the routine secretary. SECRETARY- unconditional FOR CERTAIN COMPANIES: In order to chance upon that the...If you want to stay a full essay, order it on our website: BestEssayCheap.com

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