The Companies Naked truth of 2008 is a collection of legislation from South Africa. The naked truth is lingering, and one of its aspects is to clearly define the role of manifold members of companies, including the duties of the partnership's secretary.
Duties
The duties of the business's secretary comprehend giving directors of the business guidance as to their responsibilities, including manufacture certain they displace the laws place forth in the detail. If fired, the company secretary has the right to demand from the board a written statement explaining why she was fired. Additionally, the company secretary may resign, provided that she gives a one-month notice.
The convention secretary also runs the company's official registered office, which is the location where formal communication is sent.
Oversight and Termination
The company secretary is directly responsible to the company's board. Only the board has the ability to fire the company secretary. Additionally, the secretary is in charge of tape the minutes of shareholder or board meetings, and they are in charge of certifying the partnership's annual statements.
