Is corporate secretary and company secretary the same?

A corporate secretary is a business professional who administers a number of crucial tasks in the ongoing life of a company whereas a company secretary is a professional whose role is that of an advisor for legal matters.

What is a corporate secretary?

Corporate Secretary is the liaison officer between the Company and the parties doing business with us, which includes all shareholders and stakeholders. Moreover, The Corporate Secretary’s function involves supporting and maintaining Company records and documents in compliance with good corporate governance.

What is another name for corporate secretary?

A Company Secretary is a senior position in a private sector company or public sector organisation. Also known as Compliance Officers, it is one of the positions that is a part of the key managerial personnel (which usually includes the CEO & CFO) of any company.

Is Corporate Secretary an officer?

The Corporate Secretary is an officer of the corporation. The precise obligations that a company’s Corporate Secretary fulfills may be different among corporations; however, every corporation typically outlines the Corporate Secretary’s role in its corporate bylaws.

Is a corporate secretary a director?

A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Their specific obligations can vary among corporations, but these are usually outlined in the company’s by-laws.

Who can be a corporate secretary?

Have been a company secretary of a public company for at least 3 of the 5 preceding years before appointment. Be an advocate, barrister, or solicitor. Be a person who, by holding another position or member of a body, appears capable of discharging the functions of a secretary.

How do you become a corporate secretary?

To become a corporate secretary, you typically need at least a high school diploma or GED certificate and previous work experience in an office setting. You may also obtain an associate degree in business administration or an administrative certificate to improve your job prospects.

Is corporate secretary a board position?

A corporate secretary in the boardroom is one of the most important resources the board has. Under state corporation laws, every public company is required to have a corporate secretary, and the individual who fills this role is a valuable member of the executive management team.

What are the qualification of corporate secretary?

ADVERTISEMENTS: (v) A post-graduate degree or diploma in Management granted by any university or the Indian Institute of Management. (vi) A post-graduate degree is Commerce granted by any university. (vii) A diploma in Company Law granted by any Indian Law Institute.

Can a company have 2 company secretary?

Note that a Company Secretary (C.S.) who is appointed as key Managerial personnel shall not hold office in more than one company except in its subsidiary company at the same time.