Company Secretary Need for Secretarial Standards
Companies follow diverse secretarial practices and, therefore, there is a need to integrate,harmonise and standardise such practices so as to promote uniformity and consistency.
The Secretarial Standards Board formulates Secretarial Standards taking into consideration the applicable laws, usages, business environment, practical applicability and the best secretarial practices prevalent.
Secretarial Standards are developed;
• in a transparent manner;
• after extensive deliberations, analysis, research; and
• after taking views of corporate, regulators and the public at large.