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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-the-challenges-for-acompany-secretary-in-delhi/
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