Should a company secretary be a lawyer?

When faced with making governance decisions, a corporate secretary will turn to the general counsel, who is trained to handle complicated legal matters. While it is true that the corporate secretary must work with lawyers, this does not necessarily mean that a corporate secretary is not also a lawyer.

Can a law graduate be a company secretary?

Career opportunities after having a degree of CS along with a law degree. They will be employable under a consultant firm, banks, private companies, financial institutions, department of company affairs or other regulatory bodies. It makes the person independent to practice his own business affairs.

How much does a CS LLB earn?

Employees as Company Secretary And Legal earn an average of ₹26lakhs, mostly ranging from ₹8lakhs per year to ₹50lakhs per year based on 300 profiles. The top 10\% of employees earn more than ₹42lakhs per year.

Is corporate secretary a lawyer?

It is helpful for a corporate secretary to be a lawyer. Corporate law can be complex and a corporate secretary’s duties are detailed and deep. And, of course, the other tasks – such as reporting to the stock exchange – often require legal knowledge.

How do I become a company secretary after law?

You need to register with the ICSI institute at the nearby CS chapter in your city. Now as you have completed a Law degree you need not register for the CS Foundation you can register directly for the CS Professional Group and can give exam of CS Professional Group I and II.

Who Is Highest Paid Company Secretary in India?

The top 5 highest paying jobs as Company Secretary with reported salaries are:

• vice president finance & company secretary – ₹47lakhs per year.
• chief financial officer & company secretary – ₹46lakhs per year.
• vice president and company secretary – ₹45lakhs per year.
• controller and company secretary – ₹43lakhs per year.

What are the duties of a secretary of a company?

The secretary of a company is a servant of the company, whose duty is to act in accordance with instructions given to him by the directors. In the performance of his duties, therefore, the secretary can properly act only under the orders of the directors. In the words of Lord Esher M.R.,

When is a company liable for the actions of its secretary?

A company is liable in respect of all such acts of its secretary as are done by him within the scope of his authority, and it is immaterial whether the secretary was acting in his own interests, or in the interests or supposed interests of the company [Lloyd vs. Grace, Smith & Co. (1912)].

Can a company secretary sign pleadings on behalf of the company?

To substantiate, it may be stated that under the Civil Procedure Code, no evidence of competency is required for the secretary to sign pleadings on behalf of the company in connection with civil suits. Professor Gower has summed up the position of the company secretary admirably as follows:

Who is the real principal officer of a company?

In fact ‘the secretary is the real principal officer of a company who is the proper person to correspond on behalf of the company in all routine matters.