Assistant Company Secretary Interview Questions and Answers

Minutes of Board Meeting are signed by the Chairman or Vice-Chairman of the meeting and the Company Secretary.

• Minutes of Board Meeting are signed within 30 days of the conclusion of the meeting.

• The Chairman or Vice-Chairman of the meeting signs the minutes first.

• The Company Secretary then signs the minutes.

• The date of signing should be mentioned.

• The signed minutes should be kept in the minute book of the company.

Shares can be issued under private placement provisions by following the guidelines prescribed by the Companies Act, 2013.

• Obtain approval from the Board of Directors and shareholders

• Prepare a private placement offer letter and circulate it to potential investors

• Receive subscription money from investors within 60 days of issuing the offer letter

• File a return of allotment with the Registrar of Companies within 15 days of allotment

• Maintain a record of private placement offers an...read more

I am expecting a competitive CTC based on industry standards and my experience.

• I have researched the industry standards for Assistant Company Secretary roles and my experience level

• I am open to negotiation based on the specific responsibilities and benefits offered

• I am looking for a fair and competitive salary package

• I am willing to discuss the CTC range during the interview process

Employment rules include minimum wage laws, anti-discrimination laws, and regulations on working hours and breaks.

• Minimum wage laws vary by jurisdiction and require employers to pay employees a certain minimum hourly rate.

• Anti-discrimination laws prohibit employers from discriminating against employees based on factors such as race, gender, or disability.

• Regulations on working hours and breaks dictate the maximum number of hours employees can work in a day or week, as well as...read more

Private placement is a process of raising capital by selling securities to a select group of investors without a public offering.

• Private placement involves issuing securities to a limited number of investors instead of the general public.

• It is typically used by companies to raise capital quickly and efficiently.

• The process involves drafting a private placement memorandum (PPM) outlining the terms of the offering.

• Investors must meet certain criteria to participate in a private...read more

Rights issue is a process by which a company offers its existing shareholders the opportunity to purchase additional shares at a discounted price.

• Company announces rights issue and sets a record date for eligible shareholders

• Shareholders receive a rights entitlement based on their existing shareholding

• Shareholders can choose to exercise their rights by purchasing additional shares at a discounted price

• Rights issue can be used by companies to raise capital without taking on de...read more

CSR provisions refer to the mandatory spending on social welfare activities by companies as per the Companies Act, 2013.

• CSR spending is mandatory for companies meeting certain criteria under the Companies Act, 2013.

• Companies are required to spend at least 2% of their average net profits of the preceding three years on CSR activities.

• CSR activities can include areas like education, healthcare, environmental sustainability, and poverty alleviation.

• Companies must set up a CSR co...read more