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 Secretarial compliance for Pvt Ltd C, Secretarial compliance for Pvt Ltd Co refers to the set of legal and regulatory obligations that the company must fulfill to maintain compliance with corporate governance and statutory requirements. While the specific requirements may vary depending on the jurisdiction, Here are some… 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 »
Consequences Website Link Consequences: Failure to comply with the e-invoicing requirements under the new Goods and Services Tax (GST) regime in India can have several consequences: Penalty: Failure to comply with the e-invoicing requirements may lead to penalties, which can range up to Rs. 10,000 or 1% of the transaction value, whichever is higher. 10,000… Read More »