i. Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation? ii. Can Mr. Z work as Secretarial Auditor?

Question

i. Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation? ii. Can Mr. Z work as Secretarial Auditor?

Study the following case and express your opinion:

Mr. Z is a member of the Institute of Company Secretaries of India.

i. Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation?

ii. Can Mr. Z work as Secretarial Auditor?

iii. Mr. Z wishes to be employed as whole time Secretary in companies ABC Ltd. and OPC Ltd. Is he allowed?

Monjur Alahi

5 views

2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

i. Yes, Mr. Z can be appointed as pro-tem secretary of LMN Ltd. which is under formation. The First Secretary is appointed by the promoters of the company.

ii. Yes, Mr. Z can work as Secretarial Auditor because he is a member of ICSI.

iii. Mr. Z, as a whole-time secretary, cannot hold office in more than one company. So, Mr. Z can be employed either in ABC Ltd or One Person Company and not in both.