Restrictions of Company Secretary
1. Unless
authorized by directors of the Company he cannot enter into contract on behalf
of the company.
2. He cannot
borrow money on behalf of the Company.
3. He cannot
acknowledge a debt.
4. He cannot allot
or transfer shares without authority of Board of Directors.
Related Topics
Privacy Policy, Terms and Conditions, DMCA Policy and Compliant
Copyright © 2018-2024 BrainKart.com; All Rights Reserved. Developed by Therithal info, Chennai.