All this necessitates that the company secretary is well qualified and experienced in the matters of corporate governance. Companies can appoint one of the directors as company secretary if they more than one director and he is a resident of Singapore. For those who face of the problem to get the person competent for the job, BME Solutions has the corporate secretarial services package, where we will provide you with a person who will act as the company secretary for the company.
The Company Secretary is also responsible for keeping the directors updated about the changes in company laws or rules in the country. Thus, if there is a violation by the company, ACRA can also hold the person responsible for the violation by the company.
The company secretary is responsible to ensure that the company practices good corporate practices and all statutory obligations are met. He or she is also expected to play the role of advisor to the directors. To the shareholders, the Company Secretary must ensure that their interests are protected.