LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Auditor's certificate as per ESOP guidelines

Amritorupa Kanjilal (Manager-Secretarial) (90 Points)

19 October 2010

Hi, can anyone provide me with sample auditor's certificate as required by clause 14.1 of SEBI ESOP guidelines?

Thanks.

Reply
Follow
Share

1 Replies

Ajay Mishra (Company Secretary) (74332 Points)
Replied 19 October 2010

TO WHOMSOEVER IT MAY CONCERN

This is to certify that on the basis of information, explanation and records furnished to us, none of the employees eligible to participate in the ESOP Scheme are promoter or belong to the promoter group and that the allotment has been made to eligible employees of the Company and its subsidiaries in accordance with all the provisions of SEBI (ESOS & ESPS) Guidelines 1999 and further the company has also complied with all the legal and statutory formalities in this regard.

This is also certified that no Director, who either by himself or through his relative or body corporate directly or indirectly holds more than 10% of the equity share capital of the company, is participating in the ESOP Scheme.

For ABC & Associates

Chartered Accountant

Signature

Membership No.

Date

Place