Thursday, February 25, 2010

Employment Prospects for Company Secretary


Employment Prospects

  • A qualified company secretary has openings in Employment and as Practising Independent Professional
  • Companies with a paid up share capital of Rs.2 crores or more are compulsorily required to appoint a whole time Company Secretary who is a Member  of  ICSI
  • All companies seeking listing on Stock Exchange are required to appoint a whole time company     secretary
  • Membership of the Institute is recognized for appointment to superior posts and services under Central Government.
Self-Employment/Practising Company Secretaries

  • After obtaining a ‘Certificate of Practice’ from the Institute,  Members of the Institute can go in  for Independent Practice.
  • Every company having a paid-up share capital of Rs. Ten Lakhs or more but less than Rs. Five Crores is required to engage the services of a Secretary in Whole-Time Practice for issue of Compliance Certificate.
  • Pursuant   to Clause 49 of the Listing Agreement, Practising Company Secretaries have been authorized to issue Certificate regarding compliance of conditions of Corporate Governance as stipulated in the Clause.
The CS Course is :

·        recognized by the various Universities for admission to PhD Course
·        appointment of  Lecturers in Commerce & Management

Placement

The Institute and its offices maintain the database of the members / students desirous of employment.

The Institute also assist the members and students for  Placement.  

Campus interviews are also conducted for assisting the students to get employment.

Vacancies for the post of Company Secretaries received by the Institute are placed on ICSI Website for reference.

Role of a Company Secretary

Behind Great Corporate Progress there’s a strong backbone: The Company Secretary-

By virtue of integrated knowledge of multiple  disciplines of law, management, finance and corporate governance, a Company Secretary is the vital link between                                the company, its:
-         Board of Directors,
-         Shareholders,
-         Government and other Agencies.

The Company Secretary is:
  • An in-house legal expert; a compliance officer of the Company.
  • An expert in corporate laws, securities laws & capital market and corporate governance
  • Chief advisor to the board of directors on best practices in corporate  governance
  • Responsible for all regulatory compliances of company
  • Corporate planner and strategic manager

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