valid as on 12/12/2019

204. Secretarial audit for bigger companies
Effective from 01-04-2014

(1) Every  and a company belonging to other class of companies  shall annex with its Board’s report made in terms of sub-section (3) of section 134, a secretarial audit report, given by a ,

(2) It shall be the duty of the company to give all assistance and facilities to the company secretary in practice, for auditing the secretarial and related records of the company.

(3) The , in their report made in terms of sub-section (3) of section 134, shall explain in full any qualification or observation or other remarks made by the company secretary in practice in his report under sub-section (1).

(4) If a company or any of the company or the company secretary in practice, contravenes the provisions of this section, the company, every officer of the comapny or the company secretary in practice, who is in default, shall be punishable with fine which shall not be less than one lakh rupees but which may extend to five lakh rupees.

2(52) Listed company means a company which has any of its securities listed on any recognised stock exchange
Refer Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules,2014.To view the rule,Click Here
2(25) Company Secretary in Practice means a company secretary who is deemed to be in practice under sub-section (2) of section 2 of the Company Secretaries Act, 1980 (56 of 1980)
Refer rule 9 and Form No. MR-3 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules,2014. To view the rule,Click Here
2(10) Board of Directors, in relation to a company, means the collective body of the directors of the company
2(59) Officer includes any director, manager or key managerial personnel or any person in accordance with whose directions or instructions the Board of Directors or any one or more of the directors is or are accustomed to act

13.1.9- Companies (Appointment and Remuneration of Managerial Personnel) Rules,2014

9. Secretarial Audit Report.-

(1) For the purposes of sub-section (1) of section 204, the other class of companies shall be as under-

(a)  every public company having a paid-up share capital of fifty crore rupees or more; or
(b)  every public company having a turnover of two hundred fifty crore rupees or more.

(2) The format of the Secretarial Audit Report shall be in

To view return ,Click Here

Enforcement Notification S.O. 902(E) dated 26/03/2014


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