Question

6) The company Secretary must be a member of this organization.
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Answer 1

Answer:

The secretary must be a member of the company

Explanation:

In case of a company having a paid up share capital of Rs. 50 lakhs or more, the secretary must be a member of the institute of company secretaries of india incorporated under the companies Act, 1956, licensed under sec. 25 of that act

Answer 2

A corporate secretary needs to be an I.C.S.I. member (Institute of company secretaries of India.)

Company Secretary:

• A business's efficient administration is the responsibility of the company secretary, who also ensures that the board of directors' decisions is carried out and that all legal and regulatory obligations are met.
• They manage a more powerful position, which offers chances and room for ideas and opinions.
• They are acknowledged in a positive working environment as well.

ICSI:

With the goal of promoting, regulating, and growing the profession of company secretaries in India, the Institute of Company Secretaries of India (ICSI) is a leading national professional organization in India. It is owned by the Ministry of Corporate Affairs, Government of India.

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