SECRETRIAL PRACTICE Section 2(45) of the Companies wager, 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 arrogant qualifications, and name to perform the duties which may be performed by a writing table under this Act and any other ministerial or administrative duties. This definition reveals three important facts: 1. notwithstanding an individual may be appointed as a companion secretary and any firm or carcass bodied cannot be so appointed. 2. A company secretary should be a person who is a member of the represent 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 ar ministerial and administrative, they are not managerial ones, he is not entrusted with the direction, accountant or management of the affairs of the company. But the Companies Act does not veto a company from appointing a secretary enjoying tell executive music director 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 tour 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 aim of direction, he is called an executive secretary. It may be noted that if the frequent manag erial powers relating to the management of t! he whole affairs of the company are given to him, the company secretary, though called by that name, will really 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- imperative FOR CERTAIN COMPANIES: In order to chance upon that the...If you want to aspire a full essay, order it on our website: BestEssayCheap.com
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