What are the recognitions given to Company Secretary in Practice for providing various certifications/reports as required under SEBI (LODR) Regulations ? Explain briefly.

CS Executive · Securities Laws and Capital Markets · PYQS · June 2021
What are the recognitions given to Company Secretary in Practice for providing various certifications/reports as required under SEBI (LODR) Regulations ? Explain briefly.

Answer & Explanation:

The SEBI (LODR) Regulations, 2015 has given the following recognitions to Company Secretary in practice: Certificate regarding Transfer of Securities [Regulation 40(9)] Certification to the effect that all transfers have been completed within the stipulated time. Secretarial Audit Report [Regulation 24A] Every listed entity and its material unlisted subsidiaries incorporated in India shall undertake Secretarial Audit and shall annex with its Annual Report, a Secretarial Audit Report, given by a Company Secretary in Practice, in such form as may be specified with effect from the year ended March 31, 2019. Certificate Regarding Compliance of Conditions of Corporate Governance under SEBI (LODR) Regulations [Schedule V] The Regulations authorize Company Secretary in Practice to issue certificate regarding compliance of conditions of Corporate Governance. Certification regarding Director's Disqualification [Schedule V] A certificate from a Company Secretary in Practice that none of the directors on the Board of the company have been debarred or disqualified from being appointed or continuing as Directors of Companies by the Board/ Ministry of Corporate Affairs or any such Statutory Authority.

Topics: Company Secretary in Practice

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