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; What will be the maximum date, up to which Guru Bhola and Company, Company Secretarial partnership firm, can Maximum Serve XYZ Limited, as Secretarial Auditor ?
Answer & Explanation:
As per regulation 24A(1)(b)(ii) of the SEBI (LODR) Regulations, 2015, a Secretarial Audit firm as Secretarial Auditor for not more than two terms of five consecutive years, with the approval of its shareholders in its Annual General Meeting. Hence, Up to Financial Year 2034-35/(maximum date 31.03.2035), Guru Bhola and Company can serve the XYZ Limited as Secretarial Auditor Firm.
Topics: SEBI (LODR) Regulations
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