Secretarial Audits & Legal Due Diligence Services
Ensuring corporate compliance and governance is essential for any business. We provide Secretarial Audits and Legal Due Diligence services to help companies stay compliant with regulatory frameworks and mitigate legal risks.
1. Secretarial Audits (As per Section 204 of the Companies Act, 2013):
Secretarial Audit is a mandatory compliance requirement for certain companies to ensure adherence to corporate laws, rules, and regulations. Our expert Company Secretaries (CS) conduct comprehensive audits to identify non-compliances and mitigate risks.
Applicability of Secretarial Audit:
As per Section 204 of the Companies Act, 2013, Secretarial Audit is mandatory for:
- Listed Companies
- Public Companies meeting any of the following criteria:
- Paid-up share capital of ₹50 crore or more, OR
- Turnover of ₹250 crore or more
- Private Companies that are subsidiaries of public companies meeting the above criteria
Scope of Secretarial Audit:
- Compliance with Companies Act, 2013
- Compliance with SEBI Regulations (for listed entities)
- Compliance with Depositories Act & FEMA Regulations
- Monitoring of Board processes & corporate governance
- Compliance with Labour Laws, Environmental Laws & Other Industry-Specific Regulations
Key Benefits:
- Ensures regulatory compliance and avoids penalties
- Enhances corporate governance and transparency
- Identifies and mitigates non-compliance risks
- Improves stakeholder confidence and investor trust
Secretarial Audit Reporting:
- Form MR-3 – Secretarial Audit Report to be annexed in the company’s Board Report.
2. Legal Due Diligence Services
Legal Due Diligence is a critical process in mergers, acquisitions, investments, and corporate transactions. Our expert legal team conducts thorough due diligence to assess legal risks and ensure informed decision-making.
Scope of Legal Due Diligence:
- Corporate Due Diligence – Verification of company incorporation, shareholding, board structure, and statutory compliance.
- Financial Due Diligence – Review of financial statements, tax records, and liabilities.
- Contractual Due Diligence – Evaluation of key contracts, agreements, and ongoing litigations.
- Compliance Review – Checking compliance with Companies Act, SEBI, RBI, and other applicable laws.
Key Benefits:
- Risk Identification & Mitigation – Helps companies detect legal risks before transactions.
- Regulatory & Compliance Assurance – Ensures adherence to corporate laws & regulations.
- Stronger Negotiation Position – Helps in better valuation and decision-making in business transactions.
- Investor & Lender Confidence – Builds trust for investors and financial institutions.