Compliance Check - Secretarial Audit

Periodic secretarial audit helps companies maintain compliance with the corporate and other relevant laws.

About This Plan

Secretarial audit is an audit to check compliance of various legislation including the Companies Act and other corporate and economic laws applicable to the company. Secretarial audit is a process to check the compliances made by a company under the Corporate Law and the other relevant laws, regulations, rules and procedures etc. It was enacted vide section 204 of the 2013 Companies Act. Under this, the regulators monitor the companies for compliances as needed by the stated laws and processes. In the multifarious business scenario of today, it is mandatory for every company to comply with the hundreds of rules, regulations and law. Any non-adherence to the compliance can be dicey for the company. It is very important for organizations to conduct a periodical examination of their work in order to point out the errors and to maintain a strong compliance mechanism system in any organisation. It is maintained that periodical inspections of the records gives the Authority the exact information of the company’s compliance policy. For the inexperienced, only a member of the Institute of Company Secretaries of India, who holds a certificate of practice, can conduct such a secretarial audit and then furnish the official Secretarial Audit Report to the Company. A detailed secretarial audit helps: To check reports on compliance. To protect the interest of employees, customers, society etc. To avoid any unnecessary legal actions by the law enforcing agencies. To point out inadequate compliance and non-compliance. To ensure that the procedural and legal requirements are suitably complied and that is important for the image and the goodwill of any company.

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Services Covered

  • Secretarial Audit Package for Companies

Who Should Buy

  • Organisation and Business

How It's Done

  • You have just fill the Above form.
  • GoodCA Expert will call you within 5 minutes.
  • Documents Will be delivered to you by courier Step 3.
15 DaysEstimate

Benefits


Documents Information

Documents To Be Submitted

  1. Suppporting Documents
You can purchase this plan in below price.

2499 /-

Checklists

Frequenty Asked Questions

Who has to obtain Secretarial Audit Report?

As per Section 204(1) of Companies Act, 2013, following companies are required to obtain Secretarial Audit Report in Form MR-3: Every Listed Companies Every Public Companies having a paid-up share capital of Rupees 50 Crores or more Every Public Companies having a turnover of Rupees 250 Crores or more

Who can conduct Secretarial Audit?

Only the member of the Institute of Company Secretaries of India holding Certificate of Practice can conduct Secretarial Audit and submit the report in Form MR-3 to the management.

What if, is the Secretarial Audit is not conducted?

If a company or any officer of the company or the company secretary in practice, contravenes the provisions of the section, the company, every officer of the company or the company secretary in practice, who is in default, shall be punishable with fine which shall not be less than one lakh rupees but which may extend to five lakh rupees.

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