Taxmann’s Analysis | Comparative Analysis of the Old & New Format of Annual Secretarial Compliance Report (ASCR)

· Taxmann Publications Private Limited
Ebook
10
Pages
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About this ebook

Attention Practising Company Secretaries!


The format of the Annual Secretarial Compliance Report (ASCR) has been revised by ICSI, making it easier for you to issue the ASCR. 

In May 2022, the SEBI made it mandatory for listed entities to annex the ASCR by PCS in their annual report.

The SEBI Circular No. Dated October 18, 2019, provided that the ASCR must include provisions relating to the resignation of statutory auditors. Later, BSE and NSE prescribed a few additional affirmations by PCS that were to be included in ASCR. 

In this regard, the ICSI has provided a format that collates all amendments for ease of issuance. 

This write-up by Taxmann aims to make a comparative analysis of the old and the revised format of the Annual Secretarial Compliance Report.

About the author

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of Editor-In-Chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in our publications and research platform. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

• The statutory material is obtained only from the authorized and reliable sources

• Keep the readers abreast with the latest developments in the judicial and legislative fields

• Prepare the analytical write-ups on recent, controversial, and contagious issues to help the readers to understand the event and its implications

• Every content published by Taxmann should be complete, accurate and lucid

• All evidence-based statements must be supported with proper reference to Section, Circular No., Notification No., or citations

• The golden rules of grammar, style and consistency are thoroughly followed

• Choose a font and size that's easy to read, and remain consistent across all imprint and digital publications

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