1.

Distinguish between the following:Personal Secretary and Company Secretary

Answer»
BasisPersonal SecretaryCompany Secretary
1. MeaningAn individual appointed by a busy person to assist him.An individual appointed by the Board of directors to carry out various duties in a Joint Stock Company.
2. AppointmentPersonal Secretary is appointed by a busy person or professionals.Company Secretary is appointed by the Board of Directors.
3. QualificationThere is no prescribed qualification for a personal secretary.The company secretary must be a member of ICSI.
4. Legal StatusA personal secretary has no legal status.The company secretary possesses legal status.
5. PowersThe personal secretary has limited powers as given by the employer.The company secretary has statutory and managerial powers.
6. PurposeTo assist a busy person in his day-today work.To assist the Board of directors in taking decisions and executive functions.
7. PositionThe personal secretary is an assistant of the employer.The company secretary is one of the members of Key Managerial Personnel.


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