‘Company Secretaries in Demand’

Published: 03rd December 2014 06:03 AM  |   Last Updated: 03rd December 2014 06:03 AM   |  A+A-


CHENNAI: The economy is booming with about 9,20,000 companies registered on the stock exchange. And, with the Company Secretaryship Act 2013, 20 to 30 companies registering on a daily basis need a company secretary to help with policy implementation and audits as mandated by the act, said CS R Sridharan, president, Institute of Company Secretaries of India (ICSI) here on Monday.

Speaking at the Convocation of the Institute of Company Secretaries of India (ICSI) SIRC, Sridharan said that the economy was growing at a fast rate. He added that the Company Secretary Act 2013 enabled the creation of Company secretaries at both Key Managerial Positions (KMP) and advisory roles in the function of corporate and public firms.

Calling for the need for continuous search of knowledge among the newly inducted members of the ICSI-SIRC, Sridharan added that the sphere of company secretaryship is widely expanding and more allied sectors were being added to the gamut of the role of a company secretary.

He added that one must look to diversify their area of focus on related subjects to expand one’s horizons in the longer run.

He said that the secretarial audit for all non financial companies had grown in the last year, with the Central Government looking to ensure policy and implementation compliance at various levels of corporate management.

Some corporates have envisaged a few problems in certain regions of the Company Act — pertaining to exemptions, related party transactions and investment in subsidies which is likely to be looked into during the coming parliament session.At present, ICSI has over 40,000 registered company secretaries in their ranks with four facilities across South India, besides regional study circles.

Stay up to date on all the latest Chennai news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp