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Secretary Role In Corporate Governance

1357 Words6 Pages

Introduction
Based on the requirement of the assignment, there is the key discussion on: “Discussion on company law and corporate governance tends to focus on the role of the board of directors, the shareholders, the creditors, and the auditor, but surprisingly little attention is paid to company secretaries. Indeed, outside of the corporate sector, it is likely that many people would never have heard of the office of company secretary and, of those who have, it is common to misunderstand the role due to the word ‘secretary’ in the title”.
There is always misunderstanding of secretary stand and working scope. Many people think that secretary was only help their boss to handling debris or do what their boss need them to do. Why do people will …show more content…

After a company fully incorporated under Companies Commission Malaysia (CCM), the company directors will receive a certificate of incorporation and within 30 days from the registration date. According to Section 236 (1) Board shall appoint the secretary and determine the term and conditions of appointment. Then all of directors are responsible to appoint at least one licensed company secretary to execute duties as the company secretary. Company directors need licensed company secretary to certify the company documents before the registration can be done at CCM and the secretary should have certified all relevance documents before the company can start the business (Registercompany.com.my., …show more content…

He or she also must be a citizen or permanent resident of Malaysia, and person licensed by the Commission under section 20g of the Companies Commission of Malaysia Act 2001. Under section 241, Any person who is qualified to act as a secretary and who desires to act as a secretary shall be registered under this section before he can act as a secretary. On or after the commencement of this Act, a person who is a secretary of a company and who is not registered may continue to act as a secretary to the company for a period of not more than twelve months or any longer period as the Registrar may allow (Registercompany.com.my.,

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