No. Secretarial Audit is not compulsory for all the companies. According to Section 204 of the Companies Act, 2013 its mandatory for all the listed companies and companies belonging to other prescribed class of companies.
As per rule 9 of the companies (Appointment and remuneration of Managerial Personnel) Rules, 2014,the prescribed class of companies is as under:
As per rule 9 of the companies (Appointment and remuneration of Managerial Personnel) Rules, 2014,the prescribed class of companies is as under:
- Every public company having a paid-up share capital of fifty crore rupees or more: or
- every public company having a turnover of two hundred fifty crore rupees or more.
What does a business analyst do? How does this type of work benefit companies? What does it take to qualify in this job? Learn the answers by reading this article. Risk Assesments
ReplyDelete