Company Secretary is the Secretary of Company and not shareholders
Last updated: 17 February 2023
Court :
Chennai Bench of NCLT
Brief :
The Companies Act, 2013 itself defined the duties and responsibilities of a CS. For listed and some specified companies it is mandatory to appoint a CS. A CS works as a link between outside various types of government agencies, judicial, quasi-judicial bodies, local bodies, enforcement agenesis etc. and the company /shareholders. A CS is an employee of the Company and he/she is not CS of shareholders of the Company. A CS may be penalised as an "Officer in default" is he/she is not carrying his duties and responsibilities according to the norms.
Citation :
MAYANK AGARWAL VS. TECHNOLOGY FRONTIERS (INDIA) PVT. LTD. REPRESENTED BY SRIRAM SRIVATSAN, PCS
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FCS Deepak Pratap Singh
Published in Corporate Law
Views : 365
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