{"id":5211,"date":"2023-06-10T06:30:44","date_gmt":"2023-06-10T06:30:44","guid":{"rendered":"https:\/\/vibrantfinserv.com\/kb\/?p=5211"},"modified":"2024-06-07T06:11:05","modified_gmt":"2024-06-07T06:11:05","slug":"secretarial-standards","status":"publish","type":"post","link":"https:\/\/vibrantfinserv.com\/kb\/secretarial-standards\/","title":{"rendered":"Are secretarial standards mandatory?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/vibrantfinserv.com\/kb\/secretarial-standards\/#Secretarial_Standards\" >Secretarial Standards<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/vibrantfinserv.com\/kb\/secretarial-standards\/#Listed_Companies\" >Listed Companies:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/vibrantfinserv.com\/kb\/secretarial-standards\/#Public_Companies\" >Public Companies:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/vibrantfinserv.com\/kb\/secretarial-standards\/#Other_Companies\" >Other Companies:<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/vibrantfinserv.com\/kb\/secretarial-standards\/#For_further_details_access_our_website_https_vibrantfinservcom\" >For further details access our website https:\/\/vibrantfinserv.com<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Secretarial_Standards\"><\/span><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-18 alignleft\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ-300x143.png\" alt=\"\" width=\"109\" height=\"52\" srcset=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ-300x143.png 300w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ.png 482w\" sizes=\"auto, (max-width: 109px) 100vw, 109px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/156.-Secretarial-Comliance.jpg\" alt=\"Secretarial Standards\" width=\"213\" height=\"179\" \/>Secretarial Standards<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Indeed, specific corporations in India are obligated to adhere to secretarial standards, ensuring their compliance with regulatory requirements.. The Institute of Company Secretaries of India (ICSI) has issued Secretarial Standards that are applicable to companies based on their size, turnover, and other criteria. Secretarial Standards provide guidelines and rules for the conduct of board meetings, general meetings, maintenance of books and records, and other secretarial practices.\\n\\nAs of September 2021, Secretarial Standards issued by ICSI are mandatory for the following types of companies:\\n\\nListed Companies: Secretarial Standards are mandatory for all companies listed on recognized stock exchanges in India.\\n\\nPublic Companies: Secretarial Standards are mandatory for public companies with a paid-up share capital of Rs. 10 crore or more.\\n\\nOther Companies: Secretarial Standards are voluntary for private companies and public companies with a paid-up share capital of less than Rs. 10 crore. However, if such companies choose to comply with the Secretarial Standards, they must follow them in their entirety.\\n\\nIt's important to note that the applicability of Secretarial Standards may change over time, and new regulations or amendments may be introduced. It's advisable to refer to the latest guidelines and notifications issued by ICSI or consult a qualified company secretary for accurate and updated information regarding the applicability of Secretarial Standards.&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:643,&quot;3&quot;:{&quot;1&quot;:0},&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:16750848},&quot;10&quot;:0,&quot;12&quot;:0}\">Secretarial Standards, Indeed, specific corporations in India are obligate to adhere to secretarial standard, ensuring their compliance with regulatory requirements. The Institute of Company Secretaries of India (ICSI) has issued Secretarial Standard that are applicable to companies based on their size, turnover, and other criteria. Secretarial Standards provide guidelines and rules for the conduct of board meetings, general meetings, maintenance of books and records, and other secretarial practices.<\/span><\/p>\n<p><strong>As of September 2021, Secretarial issued by ICSI are mandatory for the following types of companies:<\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Listed_Companies\"><\/span>Listed Companies:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"padding-left: 40px;\">Secretarial Standard are mandatory for all companies listed on recognized stock exchanges in India.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Public_Companies\"><\/span>Public Companies:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"padding-left: 80px;\">Secretarial Standard are mandatory for public companies with a paid-up share capital of Rs. 10 crore or more.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Other_Companies\"><\/span>Other Companies:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"padding-left: 40px;\">Secretarial Standard are voluntary for private companies and public companies with a paid-up share capital of less than Rs. 10 crores. However, if such companies choose to comply with the Secretarial Standards, they must follow them in their entirety.<\/p>\n<p>&nbsp;<\/p>\n<p>It&#8217;s important to note that the applicability of they may change over time, and new regulations or amendments may be introduce. It&#8217;s advisable to refer to the latest guidelines and notifications issue by ICSI or consult a qualified company secretary for accurate and updated information regarding the applicability of Secretarial Standard.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>To visit: <a href=\"https:\/\/www.incometax.gov.in\">https:\/\/www.incometax.gov.in<\/a><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5354 aligncenter\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/effective-compliance-management-solution-300x197.jpg\" alt=\"\" width=\"136\" height=\"89\" srcset=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/effective-compliance-management-solution-300x197.jpg 300w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/effective-compliance-management-solution.jpg 599w\" sizes=\"auto, (max-width: 136px) 100vw, 136px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"For_further_details_access_our_website_https_vibrantfinservcom\"><\/span>For further details access our website <a href=\"https:\/\/vibrantfinserv.com\/\">https:\/\/vibrantfinserv.com<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Secretarial Standards Secretarial Standards, Indeed, specific corporations in India are obligate to adhere to secretarial standard, ensuring their compliance with regulatory requirements. The Institute of Company Secretaries of India (ICSI) has issued Secretarial Standard that are applicable to companies based on their size, turnover, and other criteria. Secretarial Standards provide guidelines and rules for the\u2026 <span class=\"read-more\"><a href=\"https:\/\/vibrantfinserv.com\/kb\/secretarial-standards\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":5391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[26883,26873,26867,26888,26897,26903,8367,5373,26893,8683,1545,7247,5242,26895,26907,1406,26904,7255,1452,5226,6538,5411,5886,26886,5247,5238,5416,26871,26906,26896,26879,26875,26890,26882,26909,26885,26902,26877,26869,26892,26899,26887,16489,26876,1408,212,1652,5838,4971,1511,561,5231,3474,26881,26901,38,26910,1504,5220,26880,1451,26891,26900,26866,26889,26898,26874,26870,26905,26872,26908,26884,26878,1407,26911,26894,26868],"class_list":["post-5211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-secretarial-compliances","tag-boardcompliance","tag-boarddecisions","tag-boardmeeting","tag-boardobligations","tag-boardprocedures","tag-boardresponsibilities","tag-businessethics","tag-companylaw","tag-companypractices","tag-companyregulations","tag-companysecretaries","tag-complianceframework","tag-compliancestandards","tag-corporateadherence","tag-corporatebestpractices","tag-corporatecompliance","tag-corporateduties","tag-corporateethics","tag-corporategovernance","tag-corporateguidance","tag-corporateinsights","tag-corporatelaws","tag-corporatemanagement","tag-corporatepractices","tag-corporateprocedures","tag-corporateregulations","tag-corporateresponsibilities","tag-corporatestandards","tag-csbestpractices","tag-csframework","tag-csguidance","tag-csinindia","tag-csinsights","tag-csinstitute","tag-csinstitution","tag-csknowledge","tag-csobligations","tag-csprofession","tag-csprofessionals","tag-csprofessionalsindia","tag-csregulations","tag-csupdates","tag-ethicalstandards","tag-governanceframework","tag-icsi","tag-legalcompliance","tag-legalframework","tag-legalguidelines","tag-legalinsights","tag-legalobligations","tag-legalrequirements","tag-legalstandards","tag-mandatorycompliance","tag-mandatoryguidelines","tag-mandatorystandards","tag-regulatorycompliance","tag-regulatoryprocedures","tag-regulatoryrequirements","tag-regulatorystandards","tag-secretarialcode","tag-secretarialcompliance","tag-secretarialduties","tag-secretarialguidance","tag-secretarialguidelines","tag-secretarialinsights","tag-secretarialmatters","tag-secretarialobligations","tag-secretarialpractice","tag-secretarialpractices","tag-secretarialprocedures","tag-secretarialregulations","tag-secretarialrequirements","tag-secretarialresponsibilities","tag-secretarialstandards","tag-secretarialstandardsindia","tag-secretarialupdates","tag-statutoryobligations"],"yoast_head":"<!-- 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