Company Secretary…

Company secretaries are the primary source of advice on the conduct of business and this can span everything from legal advice on conflicts of interest, through accounting advice on financial reports, to the development of strategy and corporate planning.

Every company is required by statute to have at least one company  secretary in Malaysia. The company secretary must be of full age (18  years old) with his principal or only place of residence in Malaysia.

The secretary is to be appointed by the board of directors and either  himself or his agent or clerk is required to be present at the  registered office of the company on the days and at the hours which the  registered office is to be accessible to the public.

In most cases it is not practical for most small medium enterprises to  engage full time secretaries. Instead, the service of an external  secretary of a professional secretarial firm is engaged.

The duties and responsibilities of company secretaries depend mainly on  the expectations of the board of directors. In most cases, the company  secretary is responsible to ensure compliance with the disclosure and  information requirements of the Companies Act.

These are some of the main duties of a company secretary:

1. Organise meetings

2. Send out notices for meetings

3. Take down minutes of board and general meetings

4. File statutory returns (in the prescribed forms) required by the Companies Act 1965 with the Companies Commision of Malaysia

5. Keep and maintain the various registers at the registered office of the company.



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