Secretarial Audit
MR-3 audit and compliance certification for listed companies and other prescribed entities under Sec. 204.
Everything a growing business needs.
- Secretarial Audit Report (Form MR-3) by practising CS
- Review of all secretarial and governance records for the financial year
- Verification of board and committee meeting minutes, resolutions, registers
- ROC filing compliance check — all forms and due dates
- SEBI compliance review (for listed companies)
- Reporting on non-compliances and qualifications with recommendations
- Annual Secretarial Compliance Report for listed companies under SEBI LODR
The statutory frame we work in.
Questions we hear often.
Which companies are required to conduct a secretarial audit?
+
Mandatory for: every listed company, every public company with paid-up capital ≥ ₹50 crore OR turnover ≥ ₹250 crore, and every company that is a holding or subsidiary of a listed company with paid-up capital ≥ ₹10 crore.
Can the secretarial auditor be the same person as the company's practising CS?
+
No. The secretarial auditor must be a practising CS independent of the company. The company secretary in employment cannot audit their own company's compliance.
What qualifications in Form MR-3 attract the most attention from regulators?
+
Qualifications on non-maintenance of registers, delayed ROC filings, board meeting quorum defects, and non-compliance with related-party transaction approval requirements are the most commonly flagged and acted upon by the ROC.
A first consultation is on us.
Tell us a little about your business. We'll come back within one business day with a fixed-fee quote and a short engagement scope.