Company Secretary

A Company Secretary is acknowledged as one of the principal officers of the company by various statutes, which is why it occupies a crucial and multifaceted position in companies. Companies that have a paid-up share property of above INR 5000000 or more are statutorily expected to designate a full-time CS. 

A Company Secretary’s role rises from the very moment when the idea of the establishment of a Company is considered. They are responsible for handling administrative activities in most organizations such as schools, healthcare facilities, government offices, and private companies. From preparing documents and spreadsheets, organizing files, scheduling appointments, and supporting other staff, company secretaries perform a wide variety of tasks. They are also responsible for buying supplies, planning events, and managing stockrooms. Company Secretaries handle communications with clients and process insurance payments as well. Most Secretaries or Administrative Assistants work full time in offices. Since confidentiality and integrity are essential, these professionals also manage clerical staff. Apart from other documentations, they also prepare legal documents and assist with legal research under the guidance of an Attorney or a Paralegal.

Route to Company Secretary Profession

Significant Statistics

• The profession of Company Secretaries in India is developed and regulated only by The Institute of Company Secretaries of India (ICSI)
• Candidates qualifying for the membership of the Institute of Company Secretaries of India are awarded with a certificate providing the designation of Company Secretary.
• Examinations are held in June & December annually and admission is open throughout the year. 
• Long-term internship with specified entities could be as follows: 3 years on registration to the Executive program/ 2 years after passing the Executive program/ 1 Year after passing the professional program.
   

Pros

• A profession that offers high status and respect
• Rewarding career in terms of perks and salaries
• Opportunities to get to the top management level

Cons

• Long working hours
• Disturbs the work-life balance
• A profession that demands a lot of hard work and continuous studies