Mumbai came as a part of the royal dowry in 1661 to King Charles II of England on his marriage to the Portuguese princess. It was later leased to the East India Company for £ Today you can’t get even a square inch of land in Mumbai for that price. Today Mumbai is one of most expensive cities in the world.
This calls for another important function of a corporate secretary – to identify the required corporate governance practices of an organisation. The corporate secretary is intended to be the link between the board and management; and between the organization and its shareholders and stakeholders.