What are the roles of a company secretary in a private company?

Question

Responsibilities of a company secretary

Answer 1

Role of a company secretary in a private company include;

• To be at all meetings including board meetings and take minutes of such proceedings
• To issue notices of the meetings to members and other.
• To countersign instruments to which the company seal has been affixed.
• To conduct and record transfers of shares and conduct correspondence with shareholders as regard calls, transfers, forfeiture.
• To keep books of the company, particularly those relating to the internal administration of the company e.g shares register and register of charges.
• To make all the returns of the company e.g the annual returns, notice of special resolution
• For quoted companies he ensures compliance with Nairobi Stock Exchange and Capital Markets Authority Requirements.
• For banks he ensures compliance with Central Bank of Kenya statutory requirements