A Company Secretary (Co Sec) plays a vital role in ensuring that a company complies with all legal and regulatory requirements while upholding the highest standards of corporate governance. Their key duties typically include:
1. Regulatory Compliance: Ensuring the company adheres to statutory obligations, particularly under the Companies Act, and remains compliant with all relevant regulations.
2. Corporate Governance: Advising the Board of Directors on corporate governance best practices, including procedures for meetings and decision-making.
3. Maintaining Statutory Records: Keeping accurate statutory books and registers, including records of directors, members, and resolutions.
4. Board Meeting Management: Organizing and attending board meetings, preparing agendas, recording accurate minutes, and overseeing follow-up actions.
5. Lodging Statutory Documents: Filing necessary forms and annual returns with regulatory authorities.
6. Advisory Role: Providing directors with guidance on their duties and ensuring compliance with their responsibilities under the law.
7. Communication: Acting as a key liaison between the company and regulatory bodies, government agencies, and stakeholders.
8. Shareholder Relations: Managing shareholder communication, notices, share transfers, dividends, and more.
9. Corporate Structure Advice: Advising on changes such as share issues, restructuring, mergers, and acquisitions.
10. Ethics and Compliance: Upholding ethical standards and promoting integrity within the organisation.
For expert support and guidance in managing your company’s secretarial and compliance needs, contact Usman & Partners today!
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