Career in institute of company secretaries of india. Like traditional businesses, newly established network marketing companies i. The role of the company secretary the role and responsibility of the company secretary is outlined in section 881 2 of the act and can be summarised as follows noting that this is not an exhaustive list. These can also be called routine duties because a company appoints a secretary mainly for this purpose.
The institute of corporate secretaries of pakistan prospectus. Company secretary and compliance officer the company secretary and compliance officer of our company being ms. Prospectus of a company prospectus is a valuable document issued by the company for raisin of the capital. Such duties of a company secretary are called statutory duties. Prospectus can be defined as any document which is described or issued as a prospectus. The institute of company secretaries of india constituted under an act of parliament, i. A company secretary is a senior position in a private company or public organisation, normally in the form of a managerial position or above. Institute of chartered secretaries of bangladesh icsb is a full member of the corporate secretaries international association. Listing rules and guidance company secretary listing. Cs admission 2020 will be provided by the institute of company secretary of india icsi for providing the professionals in the field of the company secretary. Hi fellow law students, here i am sharing lecture notes in ebook format pdf for the subject company law for llb and ba. Company secretary appointment, duties, rights, liabilities. The company secretary is an employee of a company and he must perform his duties with reasonable care.
Cs admission 202021 notification, application form, eligibility. If you want to attend company secretary entrance exam in december then you should register in march. Private placement offer letter pursuant to section 42 and rule 141 of companies prospectus and allotment of securities rules, 2014 this is a private placement offer letter issued in conformity with form pas4 prescribed under section 42 and rule 14 1 of companies prospectus and. Coverage is comprehensive and details the procedures associated with boards of directors, company meetings, reporting, shares, and share registration. The institute of corporate secretaries of pakistan. Company secretaries in practice also render following services. The companies act, 20 defines a prospectus under section 270. At top level, as a deputy company secretary, your salary will be in the region of. If you want to attend company secretary entrance exam in june then register before or. On the other hand, the more established a networking company is, potentially the more difficult it. Prospectus along with the admission form will be available at head quarter and regional council offices, chapters and recognized oral coaching centres roccs of cat course.
Sanjeev kumar singh, asst professor, mba department, vviet, mysuru. Syllabus institute of corporate secretaries of pakistan. Legally mandated document published by every firm offering its securities to public for purchase. Company secretary or assistant secretary of a major company or organization may be allowed a reduction in the prescribed experience in certain circumstances.
Company secretarys handbook is a practical guide to the legislation and regulation governing companies and company secretarial procedures. A career as a company secretary is not only prestigious and financially rewarding but also carries with it a high level of job satisfaction. Home listing rules and guidance listing rules gem listing rules general chapter 5 directors, company secretary, board committees, authorised representatives and corporate governance matters company secretary. An expert in company law, corporate and securities laws a vital link between the. So if you want to become cs, you should complete these 3 stages the institute of company secretaries of india icsi is a premier national professional body. Rights offer without prospectus on the other hand, a listed company has alternatives. A business prospectus is a document that describes a stock offering, mutual fund or potential financial venture, or it can outline the operations of a going concern. Prospectus august 19, 2019 klm axiva finvest limited our company was incorporated on april 28, 1997, as needs finvest limited, a public limited company under the companies act, 1956 with a certificate of incorporation issued by roc as defined below. Board of directors shareholders government and regulatory. Subsequently, our company received a certificate for commencement of business on november 17, 2000 from the roc. The position of a untitled1company secretary in the organisation structure of a company, duties and qualification of a company secretary. Icsi house, 22, institutional area, lodi road, new delhi 110 003. The company was incorporated as a public company on under the laws of myanmar, having its registered address at, yangon, myanmar. A company secretary is required to perform multidimensional.
Copies of informative magazines including official. Terms and expressions defined in the prospectus shall, unless the context otherwise requires, have. Sample of form model prospectus abc company limited. Information to be stated in the prospectus of a company.
Get details on cs 2020 like exam date, syllabus, application form, notification, admit card and preparation. The information contained in this addendum should be read in the context of, and together with, the full information in the prospectus. A public listed company who intends to offer shares or debentures can issue prospectus. The company secretary has to assist a company at every stage by virtue of his specialised knowledge, qualifications and experience. These prospectuses help attract potential investors or allow potential partners or purchasers of a business to understand the workings and risks of involvement in a specific venture. However, a private company which has converted itself into a public company may issue a prospectus to offer shares to the public. Company secretary, company administrator or in practice as consulting secretary or holding any equivalent appointment as acceptable to the council.
It may use a short form prospectus pursuant to section 7 or undertake the rights issue without a prospectus provided it issues a cleansing notice following the procedures in section 708aa. A company thus has legal rights and obligations in the same way that a natural person does. Aston martin lagonda global holdings plc incorporated in england and wales under the companies act 2006 with registered number 11488166 offer of up to 57,380,300 shares of. A company secretary is an important link between the company and its board of directors, shareholders, regulatory authorities, government and other stake holders. Listing rules and guidance company secretary listing rule. The incorporation of the company was initiated by its group company in connection with the restructuring of the group business by transferring certain assets associated with the company business lines. All companies seeking listing on stock exchange are required to appoint a wholetime company secretary. The company microsoft designs, develops, markets, and supports a product line of systems and applications. An expert in company law, corporate and securities laws a vital link between the company and its. The companies act, 1956, to the extent of such of the provisions that are in force. Company secretary or an equivalent appointment or has been in practice as consulting secretary to any company or corporation. Institute of company secretaries of india icsi is the sole regulator of the company secretary course. Com 6th semester company secretary the word secretary is derived from the latin word secretarius meaning confidential officer. Unless the context otherwise indicates, all references in this prospectus to issuer, our company, company or mmfl are to muthoottu mini financiers limited, a company incorporated under the companies act, 1956, registered as nondeposit taking systemically important nonbanking financial company with the reserve bank of.
A company is a corporation an artificial person created by law. The company secretary ensures that an organisation complies with relevant legislation and regulation, and keeps board members informed of their legal responsibilities. It is important to note that the registration of a prospectus by the companies and intellectual property commission does not indicate any support or qualify the potential investment as a good. There is a wide gap between the skills possessed by the youth and the skills expected. Companies and partnerships compared a a company can be created only by certain prescribed methods most. Cs 2020 exam dates, syllabus, application form, pattern, notification. Identity of directors, senior management, corporate secretary, auditors and. Companies act act the companies act, 20 and amendments thereto. A prospectus is a document drafted by the company which sets out the details of the investment offering of sharessecurities for sale to the public.
The institute of company secretaries of india icsi is a premier national professional body established by the act of parliament to develop and regulate the profession of company secretaries. As an assistant company secretary, you can earn around. So if you want to become cs, you should complete these 3 stages. The company secretary of the manager is fil administration limited. Membership of the institute is recognised for appointment to superior posts and services under central government.
The profession of chartered secretary is practiced by a company secretary under the companies act, chartered secretaries act and other laws in force. This is to certify that this prospectus shall comply with all the requirements under. Thereafter, the name of our company was changed to reliance general insurance company limited and a fresh certificate of incorporation was issued by the roc, on october 12, 2000. Corporate governance legal and secretarial services. Company secretary as an independent professional company secretaries in practice also render following services. Law and practice relating to i0 allotment of shares ii0 forefeiture of compnay shares and reissue of forfeited shares.
The offer contained in this prospectus is an initial public offering to acquire fully. Distribution of this addendum is not authorised unless accompanied by a copy of the prospectus. A prospectus is a written document that provides all material information about an offering of securities, and is the primary sales tool of the company that issues the securities called the issuer and brokerdealers that market the offering for the issuer called underwriters. For csfoundation programme prospectus can be attained through cash payment of. Chartered secretary is an independent profession in the field of corporate management and governance.
According to company act to sign documents and proceedings requiring authentication by the company. To become a cs, you have to pass rigorous exams conducted by icsi during the threeyear course. Audit of a public company will be counted for the limit of audits a yes bno 46. He may be dismissed on the grounds of disobeying, misconduct or permanent disability. Cs foundation registration is open for an entire year. Providing the directors of the company collectively and individually with guidance as to their duties, responsibilities and powers.
You can also download the pdf version of the cs executive syllabus from the official icsi website. This prospectus is issued by reliance worldwide corporation limited acn 610 855 877 company for the purposes of chapter 6d of the corporations act 2001 cth corporations act. The asx, asic and their respective officers take no responsibility for the contents of this prospectus or the merits of the investment to which this prospectus relates. This article discusses the concept and type of prospectus of company, along with its issue and registration under the companies act, 20. How to read a prospectus missouri secretary of state. To the best of the knowledge and belief of the directors who have taken. Cipc public offering of company securities prospectus. Self employment practice company secretary as an independent professional company secretaries in practice also render following services.
Remember, only those certified by icsi get highpaid jobs as company secretary. The chief financial officer of our company being mr. Icsi cs executive entrance test cseet draft syllabus. According to the companies act, a company secretary means a company secretary as defined in sec 21c of the company secretaries act, 1980, who is appointed by a company to perform the functions of a company secretary under this act sec 224.
Company secretary is specifically designated as officer in default under the companies act, along with the whole time and managing directors. In many other legislationsfiscal, labour, industrial and economic laws, secretary is specifically included in the definition of the term principal officer. A private company is prohibited from inviting the public to subscribe to their shares and thus cannot issue a prospectus. Company secretary course details june 2020 how to become cs. A candidate seeking admission to cat course shall submit the duly filed admission form along with the identity card which are attached in the prospectus to the. Nov, 2016 the company every director every person whose name appeared in the prospectus as a proposed director every promoter every person who authorised the issue of prospectus an expert an engineer, a chartered accountant, a company secretary, a cost accountant, etc. Prospectus icsb institute of chartered secretaries of. Certificate in accounting technicians my dear youth of this country, imparting the requisite skills to the youth has become a paramount challenge facing the country. Com 6th semester company secretary the word secretary is derived from the latin. The company every director every person whose name appeared in the prospectus as a proposed director every promoter every person who authorised the issue of prospectus an expert an engineer, a chartered accountant, a company secretary, a cost accountant, etc.
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