CSEET · Business Laws and Management · Management Knowledge for Company Secretaries
Consider these statements about the company secretary as an adviser to the board: I. The CS advises the board on its responsibilities under the Companies Act and other laws. II. The CS advises on compliance with secretarial standards for board and general meetings. III. The CS may act only as a recorder and must never give advice to directors. Which statements are correct?
Only statements I and II are correct. The company secretary advises the board on its legal responsibilities and on compliance with secretarial standards for meetings. Statement III is wrong because the role is not merely recording; the secretary has an active advisory function toward directors.
- AI and III only
- BII and III only
- CI, II and III
- DI and II onlyCorrect
Explanation
A company secretary guides the board on legal responsibilities and on compliance with secretarial standards for meetings. Statement III is wrong because the CS has an advisory function and is not confined to recording minutes.
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