Can you be company secretary to more than one company?
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Can you be company secretary to more than one company?
There is no longer a requirement to have a company secretary however you may add one if you wish. You may appoint one or more secretaries for your company. The secretary would normally attend to the filing and compliance issues associated with Companies House.
Can a person be employee of two companies?
Unless any of the employer specifically prohibits you from undergoing any other job whilst in full time employment with them which they normally do, it is perfectly legal for you to work for two employers.
Can a company secretary be a director in other company?
A person can be director in one company and employee in other company. There is no provision in Companies Act, 2013 that prohibits the same. Thus a company secretary can be appointed as an executive director of other company.
Can a company secretary be a director in the same company in India?
The company secretary cannot be the same person as company director although in the absence of company secretary the director assumes his responsibilities. To keep intact the management of the organisation along with meeting the statutory and regulatory framework, he has to act like a backbone of the company.
Can you have more than one secretary?
It is possible for two or more persons to be appointed as joint secretaries. As a general rule, the assumption is that, in the absence of any decision to the contrary, joint secretaries will have to carry out their duties jointly ie: both their signatures must be included on all notices, documents and forms.
Does a limited company have to have a company secretary?
On 6 April 2008 legislation changed such that limited companies are no longer required to appoint a company secretary. However, even though appointing a company secretary is no longer compulsory for limited companies, many still do. A public company must have a secretary.
What is the joint employer rule?
Under the FLSA, an employee can have more than one employer for the work they perform. Joint employment applies when – for the purposes of minimum wage and overtime requirements – the department considers two separate companies to be a worker’s employer for the same work.
How many Company Secretary can a company have?
—A company other than a company covered under rule 8 which has a paid up share capital of five crore rupees or more shall have a whole-time company secretary….CAREER AS COMPANY SECRETARY.
| SUBJECTS | |
|---|---|
| Foundation Programme [4 papers] | |
| Professional Programme [8 papers] | |
| Module I (2 papers) | Company Secretarial Practice |
Can a shareholder also be the company secretary? Yes, a shareholder can also be the secretary of a company, provided they are at least 16 years old, are not the company auditor or employee of the auditor, and have not been declared bankrupt or disqualified as a company director.
Can director and secretary be the same person?
Director and secretary – There is no prohibition in the Act on a person acting both as director and secretary of a company. Company secretaries fall under the definition of ‘officer’ of a corporation (s 9 of the Act), so they have many of the same duties and obligations as directors.
Can a company secretary become a CEO?
CS holds a very high rank or position in a firm and also comes right next to the CEO and Managing Director, and whole-time directors. A company secretary can be the CEO of the company too, which keeps his/her position close to the board of directors. Let’s discuss some other responsibilities of a CS.