I am commerce graduate and I want to know scope of cs with law?

Dear Sarfraj, Under the new Companies Act, 2013, the public companies below a paid up share capital of Rs 10 crore, and all private companies are exempted from the requirement of appointing a CS. As a result only 7,000 companies are mandatory required to appoint CS and the number of CS in India is manifolds far more than that. Though the independent practice option is still there and with the new evolving corporate laws and for compliance aspects companies still require CS for that.

3 Upvotes 3 Upvotes 0 Downvotes

• • Report Abuse
• Comment

With India going global and corporate sector getting all geared up to compete with their counterparts across the world, there is tremendous scope for growth of company secretary as He plays a key role in giving appropriate advice on corporate, legal, administrative, secretarial and tax-related matters. He could either get a government job in accounts or law departments or could get attached to a corporate sector and even rise to the post of Chairman or Managing Director or even be a member of the Board of Directors in the private sector. He can acquire a job in departments of Company affairs, Company Law Boards, Stock Exchanges, can start own CS consultancy firm and also join Bureau of public enterprises.

3 Upvotes 3 Upvotes 0 Downvotes

• • Report Abuse
• Comment