Notes On Appointment Of Company Secretary:

Duties of the Managing Director:

      Initially, the Secretary of the Company is appointed by the promoters of the company at the pre-incorporation stage. The company, after being registered, the appointment so made gets confirmed at the first meeting of the Board of Directors of the Company by passing a resolution. The meeting also fixes the remunerations and other allowances payable to the Secretary.

         The said resolution may be worded as follows:

"RESOLVED: That Mr. 'A' of Mumbai is hereby appointed as Secretary of the Company on a monthly salary of Rs exclusive of allowances. The said appointment is subject to - month's notice of termination on either side."

Requisite Qualifications of Company Secretary:

      An individual to be eligible for appointment as company secretary must possess the following requisite qualities:

  1. Membership of the Institute of Company Secretaries of India.
  2. Passed the intermediate exam conducted by the Institute of Company Secretaries of India.
  3. Post-Graduate Degree in Commerce or Corporate Secretaryship granted by any University in India.
  4. Degree of Law granted by any University in India.
  5. Membership of the Institute of Chartered Accountants of India.
  6. Membership of the Institute of Cost and Works Accountants of India.
  7. Post Graduate Degree or Diploma in Management Sciences by any University or by the Institute of Management.
Other Qualifications of Company Secretary:

      A Company Secretary must also have some other qualifications which is as follows:

  1. General Education
  2. Knowledge of Secretarial Works
  3. Knowledge of Economics
  4. Knowledge of Banking and Finance
  5. Knowledge of Company Law.
  6. Knowledge of Mercantile Law
  7. Knowledge of Booking Keeping ad Accountancy
  8. Knowledge of Meeting Procedure
  9. knowledge of Human Relations
  10. Leadership Abilities.