Call: From a mere perusal of the prevailing situations, needless to say, the profession of Company Secretaries is slowly but steadily gaining reputation and its long due position in the Indian corporate scenario. As has been outlined in numerous discussions and articles, sometimes in Qualities Of A Good Company Secretary of the institute itself, the profession of Company Secreetary is not a worldwide profession.
Be that as it may, the position of Company Secretaries in India has gained a tremendous boost with the passage of Companies Act, and the bestowal of being the only profession to be recognized as eligibility for being appointed as a Compliance Officer for listed companies correct me if it has not been notified yet is another feather in its cap.
The question that Qualoties our attention is, whether one should rest on his laurels? This has to be answered in negative, simply because any profession or professional that refuses to evolve with the efflux of time and technology gets obsolete Goid. As iterated earlier, times have changed. One has to evolve with modern times. What has not changed? Your companies are changing, they are adopting hitherto unseen and unprecedented strategies that makes a person who is averse to change, baffle and balk.
For freshly minted professionals, now is the time to not only start afresh which they will do anyway but also keep revising themselves with the latest and best practices. Here is my overview of such 10 qualities that a Qualitiess company secretary should possess. We wish to emphasize the nature of profession. Below are such qualities. One may ask, what the new thing that is being said here? Yes, I Cokpany with your stance. But this may never change given the nature of our role.
A CS cannot be bad in interpreting law. A good Company Secretary should not only Secretay good in just his core domain, viz. Company law, but also all other applicable laws. Even if a pure CS role may not require you to be involved in other legal matters, yet interpretation of law is a must have skill.
Let us take a hypothetical situation. You are a company secretary of a fast growing company. A question crops up before you from the management to explain them the risk that they face as KMPs of the organization. If you are good in interpretation of law Law includes laws from legislature Qualities Of A Good Company Secretary well as court made lawthen you will take a recourse from not only Companies Act but also other substantive acts like the Income Tax Act, Excise Act, EPF Act etc.
Company Secretaries should be aware of and prepare themselves for the fact that as they climb up the corporate ladder, their role would expand to that of an Administrator, a mediator, an advisor and decision maker. What is the use of adviser if his advice itself is found on a week foundation? It is therefore expected from a modern CS that he have the best interpretation and legal skills to face such situations.
How to get these Grahamcompany Com — Subscribe, read and find Legal opinion, case notes, case laws if reams of paper do not exhaust youJournals etc. As a matter of homework, aspiring CSs can read the excellent backgrounder note on the Companies Amendment Bill which was released prior to the tabling of the said bill in Parliament.
While Point-I seeks to explain the technical expertise, every technicality has to be supplemented by practical or real world experience. Therefore a professional Company Secretary should not only be well versed in interpretation of law but also have an inept understanding of real world businesses. It gives the professional a total and practical understanding of what the company is doing and what the company aspires to do.
Let us be practical. Legal compliance has to be tested on the fabric of reality. There are certain actions that Qualihies proper planning. An indepth understanding of business thus helps in proper planning of compliance process and shifts priorities accordingly. Understanding of business also helps in taking proper career decisions. Indepth knowledge of finance. This point has the capacity to invoke mixed reactions.
One class of observers may strongly argue that CS should keep themselves limited to compliance aspects, while the other class may advocate an expanded and all-encompassing role for a CS.
While the present corporate laws place certain limitations on duplication of roles, yet there is a scope for a CS to have Secretry say in the finances of the company. As we God are aware, CS occupies a position right below the Board of Directors in the corporate hierarchy.
This position can be utilized for maximum professional benefit. No matter how much an expert you are, the ultimate result of your expertise will also be cemented by or affected by your communication skills.
Being Sercetary animate world, we express emotions in form of words and languages. In Qualities Of A Good Company Secretary multinational world where your promoters may be sitting across the ocean and if there may not be any physical interaction with them, it is your words both spoken and written that matter.
Develop a perfect style of your writing, detailing down to such granularities as the font you use, the font size you use, the paragraph style, method of greeting etc. Although this seems to be a tedious exercise, once done, you will always retain the style you have.
Larger the company, greater the scope for you to customize this without going into foppish mannerisms. Man is a social animal.
We love being surrounded by good people. An intellectually and subjectively bright person will never prefer a company of snobs or of those who make a fun of his intellectualities.
This was perhaps the reason why Elon Musk, one of the best innovators presently, preferred moving from South America to the United States. Qulities modern company secretary should be good in networking skills. He should not be bogged down by operational complexities and be readily approachable. This benefits both on professional front as well as personal front. Beyond a certain point, as we all know, the world of compliance is small.
This is how the world functions, and any person 3 Rivers Outdoor Company these necessary skills may find himself lagging behind his contemporaries. Luck is one factor and then ground realities, another. Qualities Of A Good Company Secretary skills are those skills which a person deploys while dealing with fellow colleagues. Let us be honest. Apart from professional goals, we also have certain personal goals which we seek to maximize at work place.
This includes finding good friends and developing relationships. Maturity, Honesty and bevy of other gentlemanly qualities will certainly help in this. Networking Og are the initiation of workplace relations while interpersonal skills help to gel this further. In short, interpersonal skills are a must for an aspiring Company Secretary for the Dare Company History, for any professional.
No explanation required, as we already know that filing season will shortly begin…. Continuous learning, improvement and development. Thank you for reading this. I hope you enjoyed reading this article. While there are many things that should or should not be written, I have my limitations. Whatever presented hereinabove overdose of legalese : is the best I could present.
You can also submit your article by sending to article caclubindia. GST certification Professional Course. Online Excel Course Professional Course. India's largest network for finance professionals.
Toggle navigation Login Login Register. Home Articles Students. Secretry knowledge of finance This point has the capacity to invoke mixed reactions. Good to excellent communication skills No matter how much an expert you are, the ultimate result of your expertise will also be cemented by or affected by your communication skills. Networking skills Man is a social animal.
Interpersonal skills Interpersonal skills are those skills which a person Coompany while dealing with fellow colleagues. In short, Gladiator Lock Company skills are a must for an aspiring Company Secretary for the matter, for any professional 7.
Readiness to Vimeo Company for long hours No explanation required, as we already know that filing season will shortly begin…. Continuous learning, improvement and development Thank you for reading this. Related Articles. CCI Articles You can also submit your article by sending to article caclubindia.
Stay updated with latest Articles! Download the latest Question Papers for free click here. Member Strength 30,66, and growing. Get latest updates Submit. Our Network Sites. India's largest network for Finance Professionals. CAclubindia India's largest network for finance professionals. User Name. Remember Me Forgot Password? Register Now. Set Content Preference Professional.
Jul 04, 2013 · To maintain good relation with all stakeholders a company secretary should have knowledge of human relations. 3. Personal qualities of company secretary. A company secretary is a high profile officer and therefore he should be a person to have below qualities: Honesty & Integrity.…
Jun 18, 2015 · Top 10 qualities of a great secretary: 1. Organized and detail oriented. 2. Puts the boss's and company's "best foot forward" since he/she is most likely be in contact with clients before the boss ...…
Dec 28, 2018 · Many corporate environments require the services of a secretary to answer phones, organize files and complete other administrative tasks. However, while the tasks for a secretary may seem menial, they are paramount to the successful operation of an office environment. There are several key qualities required of a good secretary.…
Oct 11, 2012 · The Company Secretary will in also in most cases be the chief governance officer and ‘keeper of the corporate conscience’. For Corporations Act companies, the Company Secretary appointment is a statutory one and attracts statutory duties. The Company Secretary and the CEO are often the only ‘direct’ employees of a board.…
11 rows · The role of Secretary of a Management Committee can be key to the efficient functioning of ……
May 15, 2011 · ♦QUALITIES OF AN EXCELLENT COMPANY SECRETARY♦ ... With this, he or she is expected to be a central source of guidance and advice for the board on matters of ethics and good governance. Someone who is a critical thinker and can create solutions for a variety of possible problems can supply the proper instruction and make the appropriate ...…
Jun 20, 2016 · A good Company Secretary should not only be good in just his core domain, viz. Company law, but also all other applicable laws. Even if a pure CS role may not require you to be involved in other legal matters, yet interpretation of law is a must have skill. Let us take a hypothetical situation. You are a company secretary of a fast growing company.…
Mar 30, 2016 · What are the top 10 qualities of a great administrative assistant or secretary? Find out here. What are the top 10 qualities of a great administrative assistant or secretary? Find out here. CLOSE MENU. Free Newsletter; Starting a Business ... Puts the boss's and company's "best foot forward" since he/she will most likely come in contact with ...…