Is company secretary, a competent professional for carrying-out legal health check of an organisation?

CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2020
Is company secretary, a competent professional for carrying-out legal health check of an organisation?

Answer & Explanation:

The Company Secretary is a competent professional who comes in existence after exhaustive exposure provided by the Institute of Company Secretaries of India through coaching, examinations, rigorous training and continuing education programmes. The course curriculum includes papers on subject such as Financial Management, Financial Accounting, Company Accounts, Cost & Management Accounting, Financial Treasury and Forex Management, Securities Laws and an exclusive paper on 'Due Diligence and corporate compliance management'. Company Secretary, thus, has vast theoretical knowledge base and practical experience and exposure in various laws and financial aspects. As a Compliance Management specialist, a Company Secretary is competent to discharge the Legal Due diligence/legal health check up process efficiently.

Topics: Due Diligence

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