Role of a Company Secretary

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Role of a Company Secretary

A company secretary is an officer of the company who is named by the Board of Directors of the company and is in charge of taking care of the financial and legal issues of the firm. A company secretary in Malaysia plays out the task of controlling the organization and its individuals on the various principles and guidelines that oversee the company.

Along these lines, all things considered, a company secretary ought to acquaint himself with all the enactment and guideline that administer the organization and he needs to oblige to the accompanying obligations:

Complying to Statutory Requirements

The company secretary is in charge of satisfying all the statutory prerequisites by the Companies Commission of Malaysia under the Companies Act, 1965. He/she needs to help the organization by being the authority legitimate delegate of the organization. He/she needs to refresh and impart any adjustments in the organization’s data to the Registrar of Companies.

Leading and Handling Meetings

One of the most significant jobs of an organization secretary is leading and dealing with the Annual General Meeting (AGM) and other general gatherings of the organization.

Being Well-Versed in Securities Law and Regulations

An organization secretary in Malaysia ought to be exhaustive with all the security laws and guidelines which oversee the organization. He/she should make sure that the correct technique is pursued and is as per the Companies Act of 1965 and the Memorandum of Association.