Citing the relevant provision as per SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 (December 12, 2024) {SEBI notification dated December 12, 2024 vide No. SEBI/LAD-NRO/GN/2024

CS Professional · Compliance Management, Audit and Due Diligence · PYQS · December 2025
Citing the relevant provision as per SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024 (December 12, 2024) {SEBI notification dated December 12, 2024 vide No. SEBI/LAD-NRO/GN/2024/218} answer the questions below; Bhola is a CS and proprietor of Bhola and Company a leading Company Secretarial Peer Reviewed Firm. What will be the Maximum date up to which Bhola can be appointed as Secretarial Auditor of XYZ Limited.

Answer & Explanation:

As per regulation 24A(1)(b)(i) of the SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015, on the basis of recommendation of board of directors, a listed entity shall appoint or re-appoint an individual as Secretarial Auditor for not more than one term of five consecutive years with the approval of its shareholders in its Annual General Meeting. As per the relevant provision, Bhola can be appointed as Secretarial Auditor for the maximum one term of five consecutive years i.e. up to Financial Year 2029-2030/(maximum date 31.03.2030) in the XYZ Limited.

Topics: SEBI (LODR) Regulations

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