Company Law : Learn how to conduct effective Board meetings via video conferencing. This guide covers practical steps from scheduling and agenda...
Corporate Law : Review essential compliance steps for SS-1 meetings of the Board of Directors, ensuring proper documentation and procedural adhere...
Company Law : Explore the essential details of General Meetings under the Companies Act, 2013, including AGMs, EGMs, quorum requirements, and no...
Company Law : Understand Secretarial Audit compliance under Companies Act, 2013. Ensure corporate governance and legal adherence with this compr...
CA, CS, CMA : Discover the major highlights of the revised Secretarial Standards on General Meetings (SS-2) issued by ICSI, effective from April...
CA, CS, CMA : Listed entities must file an annual secretarial compliance report covering adherence to SEBI regulations, prepared by a company se...
CA, CS, CMA : Explore the Institute of Company Secretaries of India's latest announcement on revised Secretarial Standards (SS-1 & SS-2) for Boa...
Company Law : Non Adherence to Secretarial Standards lands Companies in a soup ;ROC imposes penalty The Companies Act, 2013 has entered into a m...
Company Law : The Institute of Company Secretaries of India 17th November, 2020 Dear Sir/Madam, Subject: Extension of last date to submit commen...
CA, CS, CMA : To set out the explanations, procedures and practical aspects in respect of the various provisions contained in the Auditing Stand...
Company Law : The ROC imposed penalties for failure to follow mandatory secretarial standards in company meetings. The ruling highlights strict ...
Company Law : Failure to properly maintain Minutes Books under Section 118 led to adjudication by ROC. The company and its directors were fined ...
Company Law : ROC Kanpur levied a ₹55,000 penalty on SEN HON LEE TECHNOLOGIES and 6 directors for continuous failure to comply with Secretaria...
Company Law : The Ministry of Corporate Affairs' Regional Director modified penalties against Virupaksha Organics Limited and its directors fo...
Company Law : Anheuser Busch InBev India penalized ₹1,50,000 for violating Section 118 of the Companies Act, 2013, related to secretarial stan...
Stay compliant with the Annual Secretarial Compliance Report (ASCR) for 2022. Learn about legal provisions, formats, and non-applicability criteria for listed entities. Get insights into the information required for issuing the report, including notices from stock exchanges, communication compliance, board meeting minutes, statutory record reviews, and more. Ensure adherence to SEBI regulations and guidelines for a robust corporate governance framework.
ALL ABOUT MINUTES OF THE MEETING: APPLICABLE PROVISION: -Section 118 of the Companies Act, 2013 -Rule- 25 of the Companies (Management and Administration) Rules, 2014 –Secretarial Standard-1 Meeting of Board of Directors) –Secretarial Standard-2 (Secretarial Standard on General Meeting) Minutes means a formal written record, in physical or electronic form, of the proceedings of a […]
Committees comprise of Board Members along with experts in such field for which the Committee has been formed. However, the Board of Directors are ultimately responsible for the acts of the committee. Board is responsible for defining the committee role and structure.
The Auditing Standard on Audit Engagement (CSAS-1), formulated by Auditing Standards Board (ASB) of the Institute of Company Secretaries of India (ICSI) and issued by the Council of the ICSI is mandatory for all the audit engagements accepted by the auditor on or after April 01, 2021. CSAS-1 is applicable to all the Practicing Company […]
COMPANY SPECIFIC DISCLOSURES IN A DIRECTOR’S REPORT 1. Financial summary and highlights- The financial summary and highlights should be accompanied by the macro-economic, geo-political, financial, industry specific as well as any company specific information affecting the business of the company and the market in which it operates, along with the industry performance with regard to […]
MINUTES Governing provisions: Section 118 of Companies Act, 2013 read with Secretarial Standard-1 and Secretarial Standard-2. As per the provisions of Section 118- Every company shall observe Secretarial Standards with respect to General and Board meetings (including Committee Meeting – as per explanation to Secretarial Standards) specified by the Institute of Company Secretaries of India. […]
Realising the need of growing Compliance Reporting mechanism in letter and spirit, SEBI came out with the Circular dated February 08, 2019 mandating Annual Secretarial Compliance Report to be submitted by a Company Secretary in Practice to the listed entity on an annual basis, regarding compliance of all applicable SEBI Regulations and Circulars/ Guidelines issued […]
WITH ANALYSIS Every Company, while pursuing its business activities, has to comply with so many rules and regulations relating to the Companies Act, Securities laws, FEMA, Industry Specific laws and General laws like Labour laws and so on… Therefore company have chances to face non- compliance risk like fine imprisonments penalties, loss of goodwill etc […]
Non Adherence to Secretarial Standards lands Companies in a soup ;ROC imposes penalty The Companies Act, 2013 has entered into a maturity phase as its inception is over seven years. Secretarial Standards were introduced to plug in the gap that the Act did not provide for as a measure of good Corporate Governance. Yet, the […]
The Institute of Company Secretaries of India 17th November, 2020 Dear Sir/Madam, Subject: Extension of last date to submit comments on exposure draft of Guidance Note on Auditing Standards on Secretarial Audit (CSAS-4) The Institute of Company Secretaries of India had issued first four Auditing Standards namely CSAS-1: Auditing Standard on Audit Engagement; CSAS-2: Auditing […]
