Secretarial Audit Services

The secretarial audit is introduced by the Companies Act 2013. The process of verifying the company compliance under company law and other laws, rules, regulations, procedures, etc. It is a mechanism for monitoring compliance with legal and process requirements. A periodic review of the work is necessary to highlight errors and mistakes and to create a robust compliance mechanism system in an organization.

Read More
  • Quick
    Turnarounds

  • Value
    For Money

  • Expert
    Professionals

  • Custom
    Fit Solutions

  • Quick
    Turnarounds

  • Value
    For Money

  • Expert
    Professionals

  • Custom
    Fit Solutions

By submitting this form you agree to accept our of use, privacy policy and disclaimer.

HOW DOES IT WORK ?

HOW DOES IT WORK ?

Step 1

We collect and verify the supporting documents & forms required for Compliance Check - Secretarial Audit

01

Step 2

Our Compliance Check - Secretarial Audit experts draft and prepare the required supporting documents

02

Step 3

We take care of your filing or We take care of your Compliance Check - Secretarial Audit

03

WHY CHOOSE LEGALO ?

Quick Turnarounds

Have access to a wide range of quality services at reasonable and competitive prices

Value For Money

We understand Time is the most valuable resource and are flexible and responsive to your requirements

Expert Professionals

We cater to a wide range of services across legal, CA, CS and consulting and bring to the table the most relevant and experienced professional to provide the right solution.

Custom Fit Solutions

We provide customized solutions to meet your unique requirements.

FREQUENTLY ASKED QUESTIONS ?

  • Legalo is a platform to help you connect with the best professionals, legal experts & financial experts to deliver efficient and cost-effective solutions to your business and personal needs.
  • Legalo offers a wide range of services from business, Accounting & Tax to Legal Solutions such as business structuring, company registration, Company licensing, intellectual property, trademark, copyrights registration, Patent Filing, GST & TDS registration/ Filing, Accounting Services, Corporate & labour Compliance , Franchising, Business sale & purchase, Personal/Civil/Property / criminal related legal services & more.
  • Legalo Connect you with the best industry experts to deliver efficient and cost effective, tailor-made solutions. We also understand that time is the most valuable resource and we offer solutions with a very quick turnaround time.
  • We offer accounting and bookkeeping services, Payroll Maintenance, TDS/GST Filing, Individual income tax filing.
  • Legalo offers both Labour compliance & Corporate Compliance solutions, Following are the list of labour compliance solutions. a) Provident Fund Registration b) ESI Registration c) Professional tax Registration d) Shops & Establishment LIcense e) Employee Stock option plan
  • Yes, GST applies to all service providers, traders, and manufacturers. It is applicable to dealers, bloggers and content writers, earnings from Google through PayPal, import-export businesses, all types of startups companies and organizations whether they are LLPs, proprietorships, partnerships, or private limited companies. Legalo provides assistance in GST registration, GST Filing & GST advisory Services.
  • A trademark public search is made in the Indian Trademark Registry database. The search determines whether a proposed trademark is available for use in connection with certain goods or services
  • We help create business contracts & other documentation such as Memorandum of understanding, Franchise Agreement, Joint Venture Agreement, Hiring Documentation, Employment Contract, Consultancy Agreement, Freelancer Agreement , including serve legal agreement, Vendor agreements & More.
  • We help draft the following A ) Terms of service & Privacy Policies B) Disclaimers C) Joint Venture Agreements d) Data Protection Regulation Policies e) Non- Disclosure Agreements.

FREQUENTLY ASKED QUESTIONS ?

faq

LEGAL BITS YOU SHOULD KNOW

pic pic

Every company must comply with hundreds of laws, rules, and regulations. These laws are complicated, non-compliances would entail risks for the company. Periodic inspection of company records provides accurate information whether, and if so, to what extent the company has complied with laws applicable to the company.

The secretarial audit reassures regulators, stakeholders, and management that the company has a disciplined approach to assess and improve the effectiveness of risk management, control, and governance processes.

The legal framework governing the secretary audit under the companies act

  1. Section 204 of the Companies Act 2013; and
  2. Rule 9 of the Companies Regulation (appointment and remuneration of management staff), 2014

How can Legalo help you?

Our partners & associates bring years of experience to the table to help you navigate and deliver these works. Our company can customize a program to meet your specific needs and budget. If you need any legal or professional assistance in searching the right trademark for your business, contact us here.

Key updates

Applicability of the Secretary audit

Section 204 (1) of the Companies Act 2013 (“2013 Act”) read together with rule 9 of the Companies Rules 2014 (appointment and remuneration of management staff) states that:

1. Any company listed on the stock exchange;

2. Any public enterprise with a paid-up share capital of fifty crore rupees or more; or

3. Any public enterprise with a turnover of two hundred and fifty crore rupees or more

shall be attached to the report of its board of directors drawn up following subsection (3) of Article 134, a secretarial audit report, presented by a secretary-general in practice, on form MR-3.

Applicability of the audit on a Reputed Public company

According to the provisions of section 2 (71) of the law of 2013, “public company” means a company which:

(a) not a private company and;

(b) has a minimum paid-up share capital of five lakh rupees or higher paid-up capital, as may be prescribed.

Private Enterprises under the scope

The reservation of the above definition provides that “a company which is a subsidiary of a company, which is not a private company, is deemed to be a public company for this law, even if this subsidiary continues to be a private company in its statutes.

The wording used in the above caveat makes it clear that section 204 is also applicable to a private company which is a subsidiary of a public company, provided that such company falls within the prescribed category of companies mentioned above.

Limited liability companies will soon have to do a secretarial audit if the public interest to them is significant, as defined by their exposure to debt.

Although private companies do not raise funds from the public in terms of equity, exposure to financial institutions and banks makes them lead players in the system, therefore increased oversight, as the government wants.

Experts said the decision to extend secretarial auditing to limited liability companies improve compliance. Also, it will help highlight compliance issues that the commissioner who conducts the financial audit of companies does not report.