What is a Secretarial Audit?
Secretarial Audit is an audit to check compliance of various laws including Companies Act and other corporate and economic laws applicable to a company. It expresses an opinion as to whether adequate processes are in place to ensure compliance with applicable laws and regulations. It also helps in detecting non-compliances and taking preventive action thereon.
Applicable on which companies
Who will conduct the Secretarial Audit?
A Company Secretary in practice will conduct the secretarial audit.
Areas/ laws covered