Restrictions on Company Secretary:
- He cannot enter into a contract on behalf of the company unless specifically authorized by the BOD;
- He cannot borrow money in the name of the company;
- He cannot call meetings which are related to third parties;
- He cannot acknowledge a debt against a suit against the company; and
- He cannot register, transfer shares without the authority of the Board of Directors.
I'm a student of company secretaryship .Is it compulsory to graduate in law ??