Company Secretary- Powers and Duties

Company Secretary’s powers and duties Duties are largely ministerial or administrative. Secretary’s duties are largely of ministerial or administrative nature. He has no power to negotiate contracts nor borrow moneys or make policy decisions, nor, in the absence of special authorization, acknowledge a debt or other liability. The Supreme Court observed: Ordinarily the functions of the secretary of the corporation […]

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Conversion of One person Company into Private Limited Company

Here, we are going to see the conversion of One Person Company into Private Limited Company based on some criteria. They are as follows: One Person Company to Private Limited Company: There are two ways to convert OPC into Pvt Ltd company. One is voluntary conversion and other one is compulsory conversion. Voluntary conversion: When OPC got incorporated, it cannot […]

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