Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India
28th April, 2022
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ANNOUNCEMENT
Sub: Important Message: Strict Compliance - regarding Verification/ Clarification of documents related to incorporation of a Company or an LLP by Practicing Professionals.
The MCA has communicated to ICAI that instances have been observed where practising professionals are not carrying out Due Diligence and Verification while carrying out incorporation of Company / LLP. The Verification of documents pertaining to Directors, KMP, witness to MoA, AoA and verification of Registered Office are required to be done in strict accordance with the provisions of Law.
Members may accordingly ensure strict compliance to avoid penal actions.
Sincerely Yours,
Chairperson and Vice Chairperson
Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India