Compliance Audit
and Certification

Section 204, prescribes for preparation and submission of a Secretarial Audit Report from a Practicing Company Secretary duly appointed by the Board

Why Secretarial Audit for Companies?

  • To Ensure Applicable laws are followed
  • To Ensure Information to stakeholders, regulators and management about the company’s progress etc. are towards best governance

Scope of Secretarial Audit

Ensure compliance of applicable statues to entity, which includes:

  • Companies Act, 2013
  • Reserve Bank of India /Foreign Direct Investment Guidelines
  • Foreign Exchange Management Act
  • Insolvency and Bankruptcy Code, 2016
  • Environment and Labour Codes
  • Securities and Contract Act / SEBI Guidelines
  • Income Tax Act, 1961 and Goods, and Service Tax, 2017
  • Employee Provident Fund
  • Employee State Insurance Act
  • RERA (Real Estate Regulatory Authority) Guidelines
  • Customs clearance and related procedures
  • Labour & Employment Laws.

For the laws and regulations which are specifically applicable to the company, a checklist is to be prepared and accordingly after reporting from different heads of departments, the compliance is to be checked.