As a senior officer of the company, a company secretary has a huge role to play in any company. In the case of liquidation, the company secretary is likely to assist in the arrangements of legal documents such as the company’s statutory registers and minutes books. The company secretary might be responsible for updating the assets, debts, taxation, and any outstanding charges connected to the company’s account as well to present all information requested by the liquidating officer.

The company secretary is a vital officer of the company by law. When carrying out their duties, they are required to always act in the company’s interest at all times. The company secretary under the law is required to report directly to the chief executive officer or the managing director. Most times, dual reporting lines are established to enable the company’s secretary to effectively perform in the corporation’s best interest. Therein, the company secretary will report to the chief executive officer on matters concerning management and report to the managing director on matters relating to the board. Therefore, it is advisable for each company in Singapore to clearly outline each category of issues and to whom the company secretary is to report them.

Yes. A company secretary is a mere employee of a company and can be removed by the company’s board of directors under Singapore company law. However, if the company secretary is hired for a predetermined term, they may not be removed before the agreed period ends unless there is a breach of duty. In the case of company dissolution, it is also important to know that the company secretary may lose their jobs together with other company employees. Several reasons could lead to a company secretary’s removal in Singapore. Poor communication, improper guidance, corrupt practices and incompetency in ensuring compliance are some reasons that can warrant the motion to sack a company secretary.