Secretarial audit examines what financial audit does not: whether the board, filings, registers and approvals behind your numbers actually comply with corporate law. For larger companies it is mandatory; for growing ones it is how you find problems before a regulator or investor does.
Krishna TaxNova conducts secretarial audits and voluntary compliance reviews in coordination with practising company secretaries, delivering law wise findings you can act on, not a checklist dump.
What is Secretarial Audit?
Secretarial audit under section 204 applies to listed companies, public companies with paid up capital of fifty crore rupees or more or turnover of two hundred fifty crore rupees or more, and companies with outstanding borrowings of one hundred crore rupees or more. A practising company secretary issues the MR-3 report annexed to the board’s report, covering the Companies Act, securities laws, FEMA and other applicable laws.
Who Should Apply for Secretarial Audit?
- Public companies crossing the capital, turnover or borrowing thresholds
- Private companies preparing for funding, acquisition or listing
- Boards that want independent assurance on governance processes
- Companies recovering from past non compliance
Benefits of Secretarial Audit
Statutory Coverage
Mandated companies get their MR-3 issued on time by qualified professionals.
Pre Diligence Advantage
Issues surface and get fixed before investors’ lawyers find them.
Law Wise Mapping
Compliance status across corporate, securities and exchange laws in one view.
Board Level Reporting
Findings ranked by risk with practical remediation steps and owners.
Cleaner Next Year
Systems and calendars installed so the same findings do not repeat.
Documents Required for Secretarial Audit
Keep these documents ready. You can upload them using the form on this page or send them to us on WhatsApp.
- Statutory registers and minute books
- Board and general meeting notices and resolutions
- ROC filings for the audit period
- Shareholding and transfer records
- Loan, investment and related party documentation
- Licenses and sectoral approvals held
Step by Step Process for Secretarial Audit
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Step 1: Scoping
Applicability and the list of laws relevant to your business are determined.
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Step 2: Records Examination
Registers, minutes, filings and approvals are examined against requirements.
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Step 3: Findings Discussion
Observations are discussed with management with remediation options.
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Step 4: Report Issuance
The MR-3 or voluntary review report is issued for the board’s report.
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Step 5: Remediation Support
We assist in fixing gaps and setting up the ongoing compliance calendar.
Secretarial Audit at a Glance
Estimated Timeline
3 to 6 weeks depending on company size
Governing Authority
Section 204, Companies Act, report by practising CS
Validity
Annual for mandated companies
Government Fees
Fee scales with company size and record condition
Why Choose Krishna TaxNova for Secretarial Audit?
Our audits end in fixes, not just findings. The CA and CS combination means the same team that spots a gap can regularise the filing behind it.
CA Led Team in Delhi
Your work is handled by a qualified Chartered Accountant team, not a call center. You get correct advice the first time.
Upload Documents Online
Share everything from your phone or laptop. Use the secure upload form on this page or simply WhatsApp us your documents.
Transparent Pricing
You approve a clear quote before we start. No hidden charges at any stage.
End to End Support
From document collection to final approval and post registration compliance, one team stays with you throughout.
Secretarial Audit: Frequently Asked Questions
Is secretarial audit only for listed companies?
No. Large unlisted public companies crossing the capital, turnover or borrowing thresholds are covered too, and private companies increasingly commission voluntary reviews before fundraises.
How is it different from statutory audit?
Statutory audit opines on financial statements; secretarial audit examines legal and procedural compliance, meetings, filings, approvals, registers. Together they cover both the numbers and the process behind them.
What happens if the report notes qualifications?
The board must explain each qualification in its report. Better practice is remediating what can be fixed during the audit itself, which our process is built around.
We are a private company raising funds. Do we need this?
Not by statute, but a voluntary secretarial review before diligence consistently saves deals from last minute compliance shocks and price renegotiations.
How long does Secretarial Audit take?
In most cases the work is completed in 3 to 6 weeks depending on company size. The exact time depends on how quickly documents are shared and on processing time at the department. We keep you updated at every stage.
What documents are needed for Secretarial Audit?
The key documents include statutory registers and minute books, board and general meeting notices and resolutions, roc filings for the audit period, shareholding and transfer records. Our team shares a simple checklist after the first call so nothing is missed.
Can I complete Secretarial Audit fully online?
Yes. The entire process is online. Fill the form on this page, upload your documents or WhatsApp them to us, and our experts handle the filings. You do not need to visit any office.
Which authority handles Secretarial Audit?
Secretarial Audit falls under Section 204, Companies Act, report by practising CS. Krishna TaxNova prepares and files your application in the required format and responds to any queries raised by the department.
What is the validity of Secretarial Audit?
The validity is annual for mandated companies. We send renewal and compliance reminders in advance so you never miss a due date.
Do you provide Secretarial Audit outside Delhi?
Yes. We are based in Delhi and serve clients across India. Since the process is fully online, your location does not matter. Documents can be shared through the website or WhatsApp.
Get Secretarial Audit Done by Experts
Fill in your details, upload your documents online or send them on WhatsApp. A qualified CA will review your case and call you back with the exact steps and a fixed quote.