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Master of Corporate Secretaryship - Management

A company secretary is a senior position in a private company or public organization, normally in the form of a managerial position or above.

With the rising significance of company secretaries in the corporate sector, Corporate Secretaryship has gradually emerged as popular career avenue. A course in Company Secretaryship is being offered by Institute of Company Secretaries of India (ICSI) since several years. And now undergraduate and postgraduate degree courses in Corporate Secretaryship are conducted by few universities in India.

The Company Secretary is responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the Board of Directors are implemented.

Company secretaries are the primary source of advice on the conduct of business and this can span everything from legal advice on conflicts of interest, through accounting advice on financial reports, to the development of strategy and corporate planning. In view of the important roles the company secretary plays in business, PLCs and large companies require the company secretary to be suitably trained, and professionally qualified for these responsibilities.

In India every company having a paid up share capital of Rs.50 million (5 crores) or more is required to appoint a qualified person as Company Secretary. A qualified Company Secretary should be a member of Institute of Company Secretaries of India. A company having not less than Rs.one million (10 lacs) paid up capital and not required to appoint a full time company Secretary should file a compliance certificate signed by a practicing Company Secretary with Registrar of Companies.