The Role of the Company Secretary under the Companies Act
Company law and practice in Ghana has seen significant changes due to the enactment of a new Companies Act, 2019 (Act 1019). Significant changes made under the new Act include qualifications of directors, company secretaries, rotation of auditors, derivative actions, beneficial ownership, prior approval of major transactions, and buy-out of shares of an unhappy shareholder, the Office of the Registrar etc. The article will highlight the changes in respect of the qualifications and role of the company secretary in Ghana. One of the changes under the Companies Act is the provisions on the qualification of the company secretary. The Act now specifies the requirements for appointment as company secretary. They include a professional qualification or a degree with an offering in company law practice and administration, formal training in company secretarial ship, a barrister or solicitor in Ghana, etc. For a corporate body, at least one of its promoters, subscribers, directors, or ope