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Company Secretary (CS)

Summary

The company secretary acts a bridge between the company and its Board of directors, shareholders, government and regulatory authorities. The company secretary has to impart various services ranging from advising the companies on good governance practices, compliance of legal and procedural aspects, arbitration, negotiation and conciliation in commercial disputes between the parties to finance, accounting, taxation and management services. The company secretary is responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented.

Career Opportunities as a Company Secretary (CS)

  • Independent Practitioners as a CS
    Independent practitioners require a certificate from ICSI (after having qualified as a company secretary). They can then issue compliance certificates to companies and undertake diligence report for banks etc. They can also be employed by small firms on a retainership for professional advice and support on issues such as licenses, registrations, loans, taxes and partnership deeds.
  • Corporate Sector
    The role of Company Secretary in corporate sector is widespread and ICSI has projected the same to include: Corporate Laws, Corporate Governance, Corporate Administration, Board and Shareholders meetings, Corporate Compliance Management, Stakeholder Relationship, Mergers and Amalgamations amongst others.

How to Become a Company Secretary (CS)

Stream Graduation After Graduation After Post Graduation
path 1
Clear Class XII in Commerce Stream (Recommended)
  • Pursue the foundation program for 8 months
  • Pursue the Executive Program for 1 year
  • Pursue the Professional Program for 1 year
--
path 2
Clear Class XII in Commerce Stream (Recommended)
  • Pursue graduation in any Commerce Related field for 3 years
  • Pursue the Executive program for 1 year
  • Pursue the Professional Program for 1 year
--

Important Facts

  • The Institute of Company Secretaries of India (ICSI) constituted under an Act of Parliament i.e. the Company Secretaries Act, 1980 (Act No. 56 of 1980) is the only recognized professional body in India to develop and regulate the profession of Company Secretaries in India.
  • The Institute awards the certificate bestowing the designation of Company Secretary to a candidate qualifying for the membership of the Institute of Company Secretaries of India.
  • Admission to the CS course is open throughout the year.  Examinations are held twice a year in June & December.

Leading Institutes

Top CS Institutes in India
College Location Website
ICSI-The Institute of Company Secretaries of India Delhi www.icsi.edu/

Work Description

  • Organize and prepare agendas and drafts for board meetings, committees and annual general meetings
  • Oversee policies, make sure they are kept up to date and referred to the appropriate committee for approval
  • Maintain statutory books, including registers of members, directors and secretaries
  • Deal with correspondence, collate information and write reports, ensure that decisions are made and communicated to the relevant company stakeholders
  • Contribute to meeting discussions, and advise members on the legal, governance, accounting and tax implications of proposed policies
  • Monitor changes in relevant legislation and the regulatory environment and take appropriate action
  • Liaise with external regulators and advisers, such as lawyers and auditors
  • Take responsibility for the health and safety of employees and manage matters related to insurance and property

Pros & Cons of a Career as a Company Secretary (CS)

Pros
  • Is a high status and respectable profession
  • High salary packages and perks
  • Handling affairs of the top management of the company
Cons
  • Long hours of work
  • Difficult to maintain work-life balance
  • Requires hard-work and a lot of study
Are you fit for a career as a Company Secretary (CS)?

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