Once Secretarial audit is applicable for a company, is its applicability continous?
Jithin scaria (Practicing Company Secretary) (112 Points)
27 August 2016Once Secretarial audit is applicable for a company, is its applicability continous?
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 29 August 2016
Applicability has to be checked on year to year basis. [Refer Sec.205(1) and Rule 9 of Companies (Appointment & Remuneration of Managerial Personnel) Rules 2014.]