Company secretary and duties
You'll learn what a company secretary is, why they're essential for public limited companies, and the specific duties and authority they hold.
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In this lesson
- 0:00 Company secretaries and auditors overview
- 0:28 Public company secretary requirements
- 0:46 Qualifications needed for the role
- 1:25 Duties and authority explained
- 1:46 Fiduciary duties and filing obligations
- 2:46 Express and implied authority limits
- 3:57 Panorama case study application
About this lesson
This lesson covers the qualifications required to become a company secretary, their fiduciary responsibilities including filing returns and maintaining statutory records, and the types of contracts they can legally bind the company into. Through practical case examples, you'll understand the distinction between express authority granted by the board and implied authority from the role itself, particularly around administrative versus trade-related contracts. This is core knowledge for the Corporate and Business Law paper and essential for understanding company governance and officer responsibilities.
Duration: 6m
Transcript
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