Company Secretary requirement ensures appointment, statutory duties, and maintenance of registers under company law compliance. A Company Secretary, as defined by the Company Secretaries Act, must be appointed whole-time by companies meeting the statutory paid-up capital threshold and must often be a member of the Institute of Company Secretaries. The secretary cannot participate in management or exercise certain powers without board authority. Statutory functions include authentication of documents, filings with the Registrar, preparation and inspection of minutes and registers, issuance of notices and certificates, maintenance of statutory books (members, charges, investments, contracts, directors and debenture holders), and exposure to specified statutory liabilities under the Companies Act.
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Provisions expressly mentioned in the judgment/order text.
Company Secretary requirement ensures appointment, statutory duties, and maintenance of registers under company law compliance.
A Company Secretary, as defined by the Company Secretaries Act, must be appointed whole-time by companies meeting the statutory paid-up capital threshold and must often be a member of the Institute of Company Secretaries. The secretary cannot participate in management or exercise certain powers without board authority. Statutory functions include authentication of documents, filings with the Registrar, preparation and inspection of minutes and registers, issuance of notices and certificates, maintenance of statutory books (members, charges, investments, contracts, directors and debenture holders), and exposure to specified statutory liabilities under the Companies Act.
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