CS Professional Secretarial Audit, Compliance Management and Due Diligence PYQ December 2022: Question Paper and Available Answers
CS Professional
Secretarial Audit, Compliance Management and Due Diligence
PYQS Series
December 2022
30 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Secretarial Audit, Compliance Management and Due Diligence PYQS (December 2022). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- After passing of the Professional Examinations, A has applied in renowned Company Secretary Practicing Firm. He was selected for 21 months training and assigned Annual Filing relat
- M is a Manager in Nationalized Bank. During the investors' meet, it was desired by Senior Management that a presentation on Customer Due Diligence and Know Your Client be put up. B
- ABC Ltd., whose registered office situated in Vadodara, Gujarat, is in process to acquire 100%, shareholding of an NBFC whose Bonds are listed on National Stock Exchange (NSE). As
- Records Management provides a professional approach to caring for the records and archives which is governed by certain key concepts. Explain the concepts that govern the care of r
- "Compliance Chart is only key component of Corporate Compliance Framework." Explain.
- Explain how each of the following major frauds can be taken place in case of loans/funds transactions: (i) Shot gunning (ii) Concealing Liabilities (iii) Misstatement (iv) Advances
- X and Y partners of a ZK LLP undertakes ₹ 2,50,000/- each in the total contribution of ₹ 5,00,000 of the firm. X transferred the amount of ₹ 2,75,000/- in ZK LLP's bank account as
- X and Y partners of a ZK LLP undertakes ₹ 2,50,000/- each in the total contribution of ₹ 5,00,000 of the firm. X transferred the amount of ₹ 2,75,000/- in ZK LLP's bank account as
- X Ltd. requires the services of a qualified professional for valuation of its asset class "Securities or Financial Assets" as per the provisions of the Companies Act, 2013. P who i
- Your client based in Delhi plans to enter into Aviation sector. As a Company Secretary in Practice, list out the specific laws applicable to the Aviation sector.
- What does the term documentation connote ? Name the 10'Cs which form the guiding principles of good documentation.
- Prepare a note on pre-certification.
- SEBI emphasizes Listed entity to address and resolve the grievances raised by stakeholders and investors. The basic aim of Annual investors' meet is to protect the interest of stak
- There are various provisions in the Corporate Laws, where the material information is required to be disclosed. It serves the purpose of the law makers to bring the transparency an
- X, Y and Z are three partners in JK LLP, a firm of Practicing Company Secretaries. X holds 1% paid-up share capital in ABC Ltd. Y holds shares of nominal value of ₹ 70,000/- in ABC
- Explain "Statement of Confidentiality" in Peer Review in detail. Who is required to file it and what are the consequences of non-compliance in this regard ?
- What types of information with respect to 'Maintenance of Professional Skills and Standards' are sought by Quality Review Board during the peer review of Practicing Company Secreta
- LMP Ltd. asks you as a Company Secretary to suggest an audit and explain objectives as well as its dimensions of the process in order to protect the sensitive data and intellectual
- What are the documents required for application for compounding under Foreign Exchange Management Act (FEMA), 1999 ?
- What are the special events which are required to be reported under Secretarial Audit Report ?
- Can a Company Secretary be appointed as an Internal Auditor of the Company? Explain the role of Internal Auditor.
- The Board of Directors of ATP Ltd. authorized its one of the Directors X to appoint Secretarial Auditor of the Company. Can X do so as per the provisions of the Companies Act, 2013
- Z Ltd. is a listed Company, in pharma sector. During the Covid-19, for expansion, it acquired M Ltd., which is an unlisted Company. The medicine in Highly demand named 'ROLO' was p
- How would you identify the events having major bearing on affairs of the Company during secretarial audit ?
- Objectivity is essential for any Secretarial Auditor in exercising professional judgement during the audit. In light of above statement, explain the term objectivity and various th
- Describe various heads of Due Diligence of Competition Law.
- J Ltd., having paid up capital of ₹ 150 crore and turnover of ₹ 1000 crore, has appointed a Company Secretary in Practice to carry out its Audit as per provisions of the Companies
- A Practicing Company Secretary Firm, while submitting its Secretarial Audit Report, observed that there are lot of non-compliances of the provisions of the Companies Act, 2013. In
- What do you mean by the term Non-Disclosure Agreement (NDA) ? Explain its functions and content.
- Explain the role of an Internal Audit in the internal control mechanism of a company.
How to Prepare for CS Professional Secretarial Audit, Compliance Management and Due Diligence
Use past questions to practise the paper format and review available answers. Check the current syllabus, applicable law and examination duration before attempting a timed paper.