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Explain the following Term/Concept: Secretarial Audit - Secretarial Practice

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प्रश्न

Explain the following Term/Concept:

Secretarial Audit

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उत्तर

(1) Secretarial Audit is an audit to check implementation (compliance) of various legislations including the Companies Act and other corporate and economic laws applicable to the company. It is a mechanism to monitor compliance requirements. It aims at detecting mistakes or errors in the compliance mechanisms.

(2) Secretarial Audit helps the company to avoid risks and losses due to non-compliance. It creates confidence among regulators, management, and stakeholders that the company is following a disciplined approach of evaluation and improve effectiveness, risk management, control, and governance.

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Key Managerial Personnel (KMP)
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 6: Directors and Key Managerial personnel of a company - EXERCISES [पृष्ठ १००]

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बालभारती Secretarial Practice [English] 11 Standard Maharashtra State Board
अध्याय 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 2. 11) | पृष्ठ १००

संबंधित प्रश्न

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This KMP signs document of company requiring authentication by company.


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This KMP signs document of company requiring authentication by company.


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