Title: What Are The Challenges For A Company Secretary In Delhi
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What Are The Challenges For A Company Secretary
In Delhi
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Quite naturally, the person working in this post
must try to overcome all the challenges to
fulfill their role. The following are some of the
major challenges the company secretarial services
may face.
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Understanding the business One of the first
things the individuals working in this position
need to know is the business for which they
render their services. A company secretary in
Delhi needs to offer the most valuable guidance
to a business in Delhi within a short notice.
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Knowledge of the board members
It is necessary for the secretary to be aware of
everything for figuring out the potential reasons
of the disagreements between the members. The
company secretary services in India must have the
necessary skills and expertise to cater to the
needs of the clients and abolishing the conflicts
between the board members.
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Knowledge of the reporting obligations of the
business
The corporate secretarial services that are
reasonably good must have a thorough knowledge of
the reporting obligations that is specific to the
company.
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Establishing a good relationship with the
Chairman
The individual working on behalf of the
corporate secretarial firm has a significant role
to play in the strategy of the Board and set the
ambiance of the meetings and interactions with
the shareholders, management, and the auditors.
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Ascertaining the position
The boards of companies are different and have
varied expectations from the secretary. Some of
the boards expect the individual from the top
company secretary firms in India to play a strong
role during the board meetings while many
companies expect them to play an inert role of a
coordinator that does not deeply involve in the
discussions of the board.
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Handling multiple accountabilities Some of the
corporate secretaries have additional
responsibilities in the organization such as the
General Counsel or the CFO. While in one role,
they need to have accountability to the CEO, in
the other role they have to answer to the
Chairman of the board.
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Conclusion
For the company secretaries to get success in
their profession, they must present the
information procured from the management at the
right time. The secretary must establish a strong
relationship with the management and also ensure
that the expectations are properly
met. Resource https//bluetreeweb.com/what-are-t
he-challenges-for-a-company-secretary-in-delhi/
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