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Secretarial Audit


Secretarial Audit in India: Ensuring Corporate Governance and Compliance

What is Secretarial Audit?

Secretarial Audit is a thorough examination of a company’s compliance with legal and regulatory requirements, corporate governance norms, and adherence to established procedures. It is conducted by a qualified Company Secretary to ensure the company operates in a lawful and ethical manner.

When is Secretarial Audit Required?

A Secretarial Audit is mandatory for certain classes of companies under the Companies Act, 2013. It is typically required on an annual basis and serves as a comprehensive check on the company’s adherence to legal and procedural norms.

Importance of Secretarial Audit:

Secretarial Audit holds significant importance for several reasons:

  1. Legal Compliance: Ensures compliance with company laws and regulations.
  2. Corporate Governance: Verifies adherence to ethical and governance standards.
  3. Risk Mitigation: Identifies and mitigates potential legal risks.
  4. Transparency: Enhances transparency in corporate operations.

Criteria for Secretarial Audit:

Companies falling under specific categories as defined by the Companies Act, 2013, are required to undergo Secretarial Audit. This typically includes large companies, public companies, and those engaged in certain specialized businesses.

How to Apply for Secretarial Audit:

  1. Engage a Company Secretary: Appoint a qualified Company Secretary to conduct the Secretarial Audit.
  2. Audit Process: The Company Secretary performs a detailed examination of company records, procedures, and compliance practices.
  3. Audit Report: A comprehensive Secretarial Audit Report is prepared, highlighting observations and recommendations.
  4. Filing with Authorities: The Audit Report is filed with the regulatory authorities as required by law.

How Business Badhega Will Help:

Business Badhega facilitates the Secretarial Audit process for companies. Our expert team connects businesses with qualified Company Secretaries, assists in the audit process, and ensures a seamless compliance experience.

Prioritize corporate governance and legal compliance for your business. Let Business Badhega guide you through the Secretarial Audit process. Contact us today for personalized assistance aligned with your business needs.

Importance and Support for “Comply India, Grow India” Mission:

Conducting a Secretarial Audit aligns with the mission of “Comply India, Grow India” by promoting corporate responsibility and ethical business practices. Businesses adhering to legal norms contribute to the overall growth and stability of India’s corporate landscape.

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