Appointment of a Company Secretary is made by–PromotersBoard of DirectorsDebenture holdersGovernment
Question
Appointment of a Company Secretary is made by–
- Promoters
- Board of Directors
- Debenture holders
- Government
Solution
Answer:
The appointment of a Company Secretary is primarily made by the Board of Directors of a company. The Board is responsible for the overall management and governance of the company, and appointing key managerial personnel, including the Company Secretary, falls under their jurisdiction. Promoters may have influence, especially in the early stages of the company, but the formal appointment is executed by the Board.
In many jurisdictions, the Company Secretary plays a crucial role in ensuring compliance with statutory requirements and maintaining corporate governance standards. Hence, it is vital that this individual is appointed by the governing body of the company, which is the Board of Directors.
In summary, the correct answer is Board of Directors.
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