Secretarial Audit– Dimensions And Deliverables By Hitender Mehta , Rakshanda Niyazi

About the Book

The Companies Act, 2013 introduced the concept of Secretarial Audit for bigger companies, with effect from April 1, 2014.

Secretarial Audit gives necessary comfort to the stakeholders that the affairs of the company are being managed in accordance with the statutory requirements. Further, it seeks to protect the companies from the consequences of non-compliance of the provisions of the Companies Act and other important corporate laws. Accordingly, Secretarial Audit has been made mandatory for bigger companies in the Companies Act, 2013. The Secretarial Audit throws opportunities for Company Secretaries in Practice (PCS), but at the same time it cast enormous responsibility on the PCS to protect the interest of the stakeholders and at the same time assist the companies in having better compliance management in place.

The ‘Secretarial Audit –Dimensions and Deliverables’ is a “one-stop” reference source on the subject of Secretarial Audit which seeks to explain the statutory framework, different dimensions and deliverables pertaining to secretarial audit, in a clear and simple manner. It covers compliance checklists under :

• The Companies Act, 2013 including Secretarial Standards

• The Securities Contract Regulation Act 1956

• The Depositories Act, 1996

• FEMA regulations

• SEBI regulations

Key Features

•   Organic perspective & Scope of Secretarial Audit

•   Statutory framework        

•   Requirement, Appointment, Removal and Resignation of Secretarial Auditor

•   Compliance Checklists under various corporate laws required by a Secretarial Auditor

•   Frequently Asked Questions (FAQs)

About the Author

Associated with the eminent law firm M/s Vaish Associates Advocates, the Authors Mr. Hitender Mehta (Partner) and Ms. Rakshanda Niyazi (Senior Associate) possess wide experience in the field of corporate laws, company secretarial practices and transactional advisory. Mr. Hitender Mehta has also been the past Chairman of the Northern India Regional Council of the Institute of Company Secretaries of India.