No Statutory Dues Certificate A “no statutory dues certificate” is a document that confirms the absence of any outstanding statutory obligations or dues owed by an individual or organization. It serves as a declaration that all required statutory payments, such as taxes, fees, penalties, or other financial liabilities, have been duly settled. While… Read More »
When LLP is required to audit The requirement for LLPs to undergo an audit varies based on the jurisdiction and the specific regulations in place. Here are some general guidelines regarding when an LLP may be required to undergo an audit: Size Criteria: In many jurisdictions, LLPs are required to undergo an audit… Read More »
No Statutory Dues Certificate: Understanding Its Importance and Implications In business transactions, a “No Statutory Dues Certificate” plays a crucial role, indicating compliance with all statutory obligations. Here’s a comprehensive guide to its significance and impact. What is a No Statutory Dues Certificate? A No Statutory Dues Certificate, often required in commercial transactions, certifies that… Read More »
Secretarial compliance for Pvt Ltd Co Here are some common secretarial compliance obligations for a private limited company: 1.Company Formation and Registration: Ensuring proper formation of the company by registering with the appropriate government authorities, obtaining the necessary permits and licenses, and complying with the legal procedures for incorporation. 2. Maintenance of Statutory… Read More »
Company Required Secretarial Audit Company Required Secretarial Audit, The requirement for secretarial audit varies across jurisdictions, and the specific companies mandated to undergo secretarial audit depend on the applicable laws and regulations. Here are some common scenarios where secretarial audit is typically require: 1. Listed Companies: In many jurisdictions, listed companies are require to… Read More »
Secretarial Compliances for listed Company Secretarial compliances for listed company, there are specific secretarial compliances that must be adhered to in addition to the general compliance requirements. These compliances are aimed at ensuring transparency, investor protection, and adherence to the regulations governing listed entities. Here are some key secretarial compliances for a listed company:… Read More »
Secretarial Audit Report Secretarial Audit Report, The Annual Secretarial Audit Report, also known as the Secretarial Audit Report, is a document prepared by a practicing company secretary in India. It provides an assessment of a company’s compliance with various legal and regulatory requirements as prescribed under the Companies Act, 2013, and other applicable laws.… Read More »
Company Secretarial Compliance Company secretarial compliance audit refers to an independent examination and evaluation of a company’s secretarial and compliance practices by a qualified professional, typically a practicing company secretary. The objective of a secretarial audit is to assess the company’s adherence to legal and regulatory requirements, corporate governance norms, and prescribed secretarial standards.… Read More »
Company Secretarial Standards Company Secretarial Standards refer to a set of guidelines and practices that govern the conduct and responsibilities of company secretaries. These standards aim to ensure uniformity, professionalism, and best practices in the field of company secretarial work. In India, the Institute of Company Secretaries of India (ICSI) has established secretarial standards… Read More »
What are the consequences of Not Issuing E-Invoices Under India’s New GST Regime With the introduction of the Goods and Services Tax (GST) in India, the government has significantly reformed the tax system, aiming to streamline indirect taxation. A critical aspect of this evolution is the requirement for businesses to generate and issue electronic invoices… Read More »
