The Company Secretary is responsible for the efficient administration of a Company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the Board of Directors are implemented.
The Company Secretary ensures that a Company complies with the relevant legislation and regulation, and keeps board members informed of their legal responsibilities. Company Secretaries are the Company’s named representative on legal documents, and it is their responsibility to ensure that the Company and its Directors operate within the law. It is also their responsibility to register and communicate with shareholders, to ensure that dividends are paid and to maintain Company Statutory records, such as lists of Directors and Shareholders, and Annual Accounts.
Since 22 September 2009, there is no longer a compulsory requirement for a Company to have a Company Secretary unless the Company is a Public Company. Should the Directors of a Private Company wish to appoint a Company Secretary then this is still permitted.< Back to Glossary