secretarial audit


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Querist : Anonymous (Querist)
11 April 2010 what is a secretarial audit

11 April 2010 which is ordered by govt. in special cases.

Mohan Verma (Expert)
11 April 2010 Every public company having a paid up capital of 2 crore or
more should appoint a whole time company secretary.

Every Public company having a paid up capital of 10 lacs or
more but less than 2 cr should take a secreterial
complaince certificate from a practicing Company secretary
in india.

Rasesh (Expert)
11 April 2010 Secretarial audit are not ordered by government in special cases. Secretarial Audit refers to the Secretarial Compliance Certificate which a company having paid up capital above Rs. 10 lacs and less than Rs. 5 Crores (and not having a CS in employment) has to obtain from a PCS or PCA.

The limit of Rs. 2 Cr as referred to by Mr. Mohan has been increased to Rs. 5 Crores and the audit can be conducted by a Chartered Accountant as well.


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