Secretarial Audit

In an ever-evolving business landscape, corporate governance and regulatory compliance have become crucial aspects of modern-day companies. To ensure transparency, accountability, and adherence to statutory requirements, the Companies Act, 2013 introduced the concept of Secretarial Audit under Section 204. This section mandates certain classes of companies to conduct a Secretarial Audit to evaluate and report on their compliance with applicable laws and regulations.

As of the present day (2023), the corporate landscape has witnessed significant changes in the wake of emerging technologies, dynamic market conditions, and a renewed focus on corporate social responsibility. With the evolving regulatory environment, companies face greater scrutiny and are under immense pressure to ensure compliance with an ever-expanding array of laws and regulations.

The Secretarial Audit has played a crucial role in ensuring that companies meet their legal obligations and follow best practices in corporate governance. It has become an essential tool for companies to mitigate risks, detect compliance gaps, and enhance their overall governance framework. By conducting a Secretarial Audit, companies can demonstrate their commitment to transparency, fairness, and accountability to various stakeholders, including shareholders, investors, regulators, and the public.

Our multidisciplinary team conducts the Secretarial Audit, ensuring that all aspects of compliance are thoroughly examined and assessed. The team’s objective is to provide an independent and unbiased report on the company’s compliance status, identifying any non-compliance or irregularities and offering recommendations for improvement, thereby playing a vital role in upholding corporate governance, transparency, and accountability within the organization.