Friday, 5 September 2014

LLP of Practicing Company Secretaries allowed Annual Return Certification and Secretarial Audit

LLP of Practicing Company Secretaries allowed Annual Return Certification and Secretarial Audit

Dear Professional Colleagues,

You are aware that the members in practice were allowed to carry out non-attestation services through Limited Liability Partnership.  Subsequently, there had been repeated requests to permit them to render attestation services also. 
I am pleased to inform that the Council in its meeting held on 24.8.2014 at Kolkata decided to allow Limited Liability Partnerships having all Practicing Company Secretaries as its partners to carry out Annual Return Certification and Secretarial Audit with effect from 1st September, 2014. 
One of the objectives of the Companies Act, 2013 is governance through self-regulation and the professionals like us have to play a significant role in ensuring the process of self-regulation in the desired manner. It becomes a sacrosanct duty for us to uphold cherished values by adhering to prescribed standards and practices and exercising due care and diligence. Let’s commit ourselves in all full measure for total compliances and in the process, distinguish ourselves.

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