Comfort Letter from Company to PracticingCompany Secretaries
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 June 2010
Hello friends and seniors,
Can any body explain to me in short the Concept of "Comfort Letter from Company (The Board of Directors) to Company Secretaries in whole time practice agaist the Compliance Certificate under Section 383A of the Companies Act, 1956.
Please provide me the format of Comfort Letter if any one have....
nikhil.
Can any body explain to me in short the Concept of "Comfort Letter from Company (The Board of Directors) to Company Secretaries in whole time practice agaist the Compliance Certificate under Section 383A of the Companies Act, 1956.
Please provide me the format of Comfort Letter if any one have....
nikhil.
21 June 2010
The comfort letter is like the management representation letter given by the Company to the statutory auditors.
In this case, the letter would be addressed to the PCS and cover most points of the Secretarial compliance certificate and that it would be signed by one of the directors. Points for which the PCS has to rely on the Company's audited results like the shares issued, loans, dividends, share transfers etc. should be covered.
Points which can be factually verified like dates of ROC filings, board meetings need not be covered but the letter may state that no other meetings are held.
In this case, the letter would be addressed to the PCS and cover most points of the Secretarial compliance certificate and that it would be signed by one of the directors. Points for which the PCS has to rely on the Company's audited results like the shares issued, loans, dividends, share transfers etc. should be covered.
Points which can be factually verified like dates of ROC filings, board meetings need not be covered but the letter may state that no other meetings are held.
Message likes :
2 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TAN for Partnership
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- Free lancer income
- What is provisional receipt number for generation of form 16A
- TDS related Query_Liquidated Damages
- LTCG for Assmt year 26-27
- NON- SUBMISSION OF LLP FORM 3
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
