CS Professional Secretarial Audit, Compliance Management and Due Diligence PYQ June 2023: Question Paper and Available Answers
CS Professional
Secretarial Audit, Compliance Management and Due Diligence
PYQS Series
June 2023
35 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 (June 2023). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- ABC Private Ltd. requires to conduct a Board meeting in 5 days to transact an urgent business. You are the Company Secretary in Practice (PCS) of the company. The company seeks you
- A strong compliance training and education program reinforces the company's compliance culture. In the light of the above statement, you are asked to give a "Compliance Education a
- ABC Ltd. a listed company has been facing much litigation, before various legal and regulatory authorities, for a long time. Many documents have been produced in this regard, befor
- You as a Company Secretary in Practice (PCS) are asked by the Managing Director of a client company to explain the need for Compliance Management in his company. Explain.
- ABC Ltd. a listed company, maintains all its documents, records, registers and minutes in electronic form. A shareholder requests the company to inspect as well as get copies of th
- You are the Company Secretary in Practice (PCS) of XYZ Ltd. a section 8 company. The company informs you that it wants to give a guarantee in a 10 days' time, of loans borrowed by
- ABC Ltd. is planning to merge with XYZ Ltd. which is listed in BSE and NSE. It approaches X to provide a search report on the information of XYZ Ltd. filed with BSE and NSE. (i) St
- X, a member of the Institute of Company Secretaries of India (ICSI) is working as a whole-time Company Secretary in an Indian company. He provided some confidential information of
- During the process of preparing the Form No. MGT-8 and Form No. MGT-7, for ABC Ltd. X, the PCS felt that there are some anomalies in information, which may need a reservation/quali
- ABC Ltd. a section 8 company has been incorporated on 15th April, 2013, with 19 directors in its Board. The first Board meeting was held on 13th May, 2013 with 7 directors as quoru
- ABC Private Ltd. a company incorporated with a paid-up capital of ₹ 8 crore wants to appoint a full-time Company Secretary. The company seeks your advice as its PCS regarding the n
- Explain each of the following terms: (a) Digital KYC (b) Equivalent-e-Document.
- Opening of an Escrow Account is mandatory in certain corporate actions. State the forms in which an Escrow Account can be maintained as per SEBI (Substantial Acquisition of Shares
- State the major points of coverage in the process of FEMA due diligence.
- You are in the process of doing due diligence of ABC Ltd. a listed company on an assignment. How will you check the correctness of the Constitution of the Board, based on the statu
- You want to ensure yourself that the company is consistently striving to stick to Shareholder Value Enhancement. Mention any four parameters which you shall check in this regard.
- Explain the High Power Advisory Committee (HPAC) of SEBI, constituted under New Settlement Regulation by SEBI and the provisions relevant to recusal by its members.
- Explain Social Stock Exchange.
- Explain the procedure in case a person seeking appointment as a Director of a company is a national of a country which shares land border with India and consequence of non-complian
- Explain the relevant provisions for giving an intimation of receiving foreign funds from relatives under Foreign Contribution (Regulation) Amendment Rules, 2022.
- Explain the provisions relating to the physical verification of a registered office of the company by the Registrar of Companies (ROC).
- Outline various factors that are considered by an Auditor for deciding the audit fee. What precaution the auditor should keep in this regard ?
- How will you appraise each of the following as an internal auditor: (i) Management decisions
- How will you appraise each of the following as an internal auditor: (ii) Investment Decisions.
- The Audit plan describes the processes and activities that are to be carried out in connection with a particular audit and for improving the quality of audit. For an effective audi
- Explain the cyber audit and its scope.
- The Auditor's Report shall include a section with heading "Auditor's Responsibility". In this context explain the Auditor's Responsibility.
- Explain the common causes of Loss of Ethics and Values.
- Explain various points the Auditor should go through while conducting the audit relating to each of the following: (i) Audit Committee
- Explain various points the Auditor should go through while conducting the audit relating to each of the following: (ii) Nomination and Remuneration Committee
- Explain various points the Auditor should go through while conducting the audit relating to each of the following: (iii) Stakeholder Relationship Committee
- X has been appointed as the Peer Reviewer of AB LLP, by the Quality Review Board. Disputes arose between X and AB LLP, on the process and conclusions reached during the process of
- Labour Law Audit ensures a win-win situation to all the stakeholders. Enumerate the benefits of Labour Law Audit to various stakeholders.
- As a Secretarial Auditor, state the activities which you shall concentrate during audit relevant to the SEBI (Share Based Employee Benefits) Regulations, 2014.
- If a company is required to Buy-back its shares, indicate the sources for getting such shares, as per the SEBI (Buy-back of Securities) Regulations, 2018.
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.