Saturday, May 30, 2015

[aaykarbhavan] Re: {Amresh's CA's} Fwd: Company secretaries can now act as whistleblowers



This is only on paper. I have not seen any such  a courageous Company Secretary. Even C S had given a wrong , untruth totally affidavit in a case of Dividend paid out of capital , illegal payment of dividend , out of the proceeds of public issue money.!!!
Shah D J

Company secretaries can now act as whistleblowers

PTI | May 30, 2015, 06.27PM IST
companies
KOLKATA: With the new Companies Act in place, company secretaries (CS) like other statutory auditors can now act as whistleblowers if they detect any fraud.

"There is a provision of whistleblower in the new Companies Act. It is now mandated in the act of 2013," Institute of Company Secretaries of India (ICSI) president Atul Mehta said.

Practising company secretaries, he added, will be mandatorily required to carry out the secretarial audit of companies whose paid-up capital is more than Rs 50 crore and a turnover exceeding Rs 250 crore.




On Saturday, 30 May 2015 1:16 PM, "CA Anuj Agrawal anujagarwalsin@gmail.com [ICAI_CIRC_MEERUT_CA]" <ICAI_CIRC_MEERUT_CA@yahoogroups.com> wrote:


 
---------- Forwarded message ----------
From: CA Anuj Agrawal <anujagarwalsin@gmail.com>
Date: 30 May 2015 at 19:31
Subject: Company secretaries can now act as whistleblowers
To: IFRScommunity <IFRScommunity@yahoogroups.co.in>

http://timesofindia.indiatimes.com/business/india-business/Company-secretaries-can-now-act-as-whistleblowers/articleshow/47482593.cms

Regards,
CA.Anuj Agrawal




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Posted by: Dipak Shah <djshah1944@yahoo.com>


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