Write notes on the following: Corporate governance compliance certificate.

Clause 49(XI) of the equity listing agreement deals with compliance certificate on Corporate Governance. The practising Company Secretaries have also been recognised to issue Certificate of compliance of conditions of Corporate Governance. The clause provides that the company shall obtain a certificate from either the auditors or practicing company secretaries regarding compliance of conditions of corporate governance as stipulated in this Clause and annex the certificate with the directors' report, which is sent annually to all the shareholders of the company. The same certificate shall also be sent to the Stock Exchanges along with the annual report filed by the company.