New Companies Act substantively raises the
bar on governance and thrusts greater responsibility and
obligation of the Board of Directors and Management in Indian
business
In India, as per The Companies Act, 2013:
Section 134(5)(f):"Directors need to certify that "They
had devised proper systems to ensure compliance with the
provisions of all applicable laws and that such systems
were adequate and operating effectively"
Section 205(1)(a):"Company Secretary shall report to the
Board about compliance with the provisions of The Companies
Act, the rules made there under and other laws applicable
to the company"
Apart from statutory requirements, there are other reasons
for businesses to focus on Legal & Regulatory Compliances
such as:
Compilation from Regulators, Media and Shareholders
Loss of reputation
Cost of non-compliance is higher than the cost of
compliance
First, click on "View cart" in the
upper-right corner of your computer screen. This will allow you
to view all items currently in your cart. Once you have
identified the item that you would like to delete, click on
"Remove" to the right of the item description and check changes
reflected.
You will get the compliance checklist (in PDF format) for
selected legislation within 24 working hours. It will be sent
to you on provided email address.
Our representative will contact you after sending the
checklist.
Please feel free to contact our support department for any
clarifications required .