https://www.taxtmi.com/news?id=12844 The Companies Act, 2013 imposes board composition and conduct requirements, strengthens audit independence with term limits and non-audit prohibitions, and introduces Secretarial Audit-mandatory for listed and specified companies-requiring practicing company secretaries to verify compliance across applicable laws and secretarial standards and to annex their reports to the Board report. The Act also mandates CSR governance for specified companies, obliging CSR Committees, policy disclosure and a 'comply or explain' approach to CSR expenditure, thereby expanding compliance obligations and elevating the role and capacity requirements of company secretaries. en-us Mon, 30 Jun 2014 15:27:04 +0530 Mon, 30 Jun 2014 15:27:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12844 The Companies Act, 2013 imposes board composition and conduct requirements, strengthens audit independence with term limits and non-audit prohibitions, and introduces Secretarial Audit-mandatory for listed and specified companies-requiring practicing company secretaries to verify compliance across applicable laws and secretarial standards and to annex their reports to the Board report. The Act also mandates CSR governance for specified companies, obliging CSR Committees, policy disclosure and a 'comply or explain' approach to CSR expenditure, thereby expanding compliance obligations and elevating the role and capacity requirements of company secretaries. News - Mon, 30 Jun 2014 15:27:04 +0530 https://www.taxtmi.com/news?id=12844