Secretarial Audit
 
  1. Section 204.of the Companies Act,2013: Secretarial Audit for Bigger Companies. (1) Every listed company and a company belonging to other class of companies as may be prescribed shall annex with its Board's report made in terms of sub-section (3) of section 134, a secretarial audit report, given by a company secretary in practice, in such form as may be prescribed
  2. Class of companies shall be as under-
    1. Every public company having a paid-up share capital of fifty crore rupees or more; or
    2. Every public company having a turnover of two hundred fifty crore rupees or more;[or]
    3. Every company having outstanding loans or borrowings from banks or public financial institutions of one hundred crore rupees or more.
  3. Regulation 24A of SEBI (LODR),2015:-Every listed entity and its material unlisted subsidiaries incorporated in India shall undertake secretarial audit and shall annex a secretarial audit report given by a company secretary in practice, in such form as specified, with the annual report of the listed entity
 
 
     
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