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The Malaysian Institute of Chartered Secretaries and Administrators (MAICSA) is the premier professional body for Company Secretaries and Governance Professionals with aims of promoting good governance and best practices in organisations.
Persatuan Setiausaha Syarikat Malaysia (Malaysian Association of Company Secretaries) or more commonly known as MACS is an independent, self-regulating local professional body established and registered under the Societies Act 1966 on the 30th November 1989 and is an Approved Body under Fourth Schedule of the Companies Act, 2016.
The roles and responsibilities of a Company Secretary in Malaysia are outlined in the Secretary Association, which is governed and regulated by the Company Commission of Malaysia. Here are the responsibilities of the Company Secretary at one glance: 1. An Officer of the company and advisor to the Board.
e-Secretary is an online application provided by SSM for registration to act as a secretary which is a requirement under section 241 of the Companies Act 2016. Upon approval of the application, practising certificate will be issued by SSM and the particulars of the approved applicant will be entered in the Register of Secretaries.
The company secretary is an essential member of the company’s management, and it is a legal requirement that a secretary be appointed after the company’s incorporation. This guide will elaborate on the roles and duties of a company secretary in Malaysia.
It is mandatory for every registered company in Malaysia to hire a company secretary, according to the Companies Act 2016. The company must also notify the Registrar within 14 days if a secretary is hired or ceased from employment.
May 22, 2023 · Your Company Secretary in Malaysia plays a key role in maintaining smooth operation and legal compliance of the organisation. They shoulder a range of responsibilities, which we’ll split into main responsibilities and additional duties. 6 main responsibilities of a CoSec. 1. Advising directors on corporate governance.
