Comment on the following: Limits prescribed by ICSI for the issue of Secretarial Audit Report.
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2021
Comment on the following: Limits prescribed by ICSI for the issue of Secretarial Audit Report.
Answer & Explanation:
The Council of the Institute at its 235th meeting held on February 11, 2016 reviewed the existing limits for the issue of Secretarial Audit Reports and decided as below: 10 Secretarial Audits per partner/ PCS, and an additional limit of 5 secretarial audits per partner/PCS in case the unit is peer reviewed. These limits will be applicable for the Secretarial Audit Reports to be issued for the financial year 2016-17 onwards.
Topics: Secretarial Audit
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