Every company is required by the Companies Act to appoint a Company Secretary. Sometimes, businesses tend to overlook this critical appointment, often dismissing it as mere administrative burden with little real effect. On the contrary, a Company Secretary does have a wide range of duties and responsibilities in ensuring the company comply with the requirements of the Companies Act.
A good and reliable Company Secretary will be able to advise the directors on the key aspects of the company law such as declaration of dividends, transfer of shares, etc. Without such advice, directors may open themselves to the risk of being sued or prosecuted in courts for illegal actions.
The Company Secretary will also be in charge of maintaining the company’s records such as the register of members and annual return filings. There have been cases where poorly maintained records have led to dispute over the ownership of a company which can often be disastrous to all parties. A professionally delivered and reliable company secretarial services that ensure all of the above is followed are inevitably playing a key role in the successful running of a company.
Book an appointment with us for an obligation free discussion and we will be delighted to share how we can assist with your company secretarial needs.