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Secretarial Practices

Secretarial Practices is most important for ensuring that a company complies with standard financial and legal practice and maintains standards of corporate governance. The Secretarial Practice is a point of communication between the board of directors and company shareholders, reporting in a timely and accurate manner on company procedures and developments.

Public limited companies are required to meet all the secretarial practice as per Companies Act, 1956 and most of the private companies also supposed to comply under the Act. NAGA extended its services to support all the small & medium enterprises in this regard.

NAGA extended its services towards incorporation of various types of companies like Public, Private, Part IX Company, Section 25 Company & Foreign Company. As part of the incorporation procedure our activities includes:

  • Obtaining the DIN & DSC for the proposed Directors
  • Searching & Filing an application for the Name availability as per the Promoters Requirements
  • Drafting of Memorandum of Association & Articles of Association
  • Filing the E-Forms after obtaining the Name approval from the Registrar of Companies like Form-1, Form-18 & Form 32 and making the necessary payments towards registration
  • Follow up the Certificate of Incorporation and Commencement of Business certificate (If applicable)

NAGA extended its professional hand to support the clients on all statutory compliances like:

  • Organizing, preparing agendas for and taking minutes of board meetings and annual general meetings (AGMs);
  • Maintaining statutory books, including registers of members, directors and secretaries;
  • Dealing with correspondence, collating information and writing reports, ensuring decisions made are communicated to the relevant company stakeholders;
  • Contributing to meeting discussions as and when required, and advising members of the legal, governance, accounting and tax implications of proposed policies;
  • Monitoring changes in relevant legislation and the regulatory environment and taking appropriate action;
  • Liaising with external regulators and advisers, such as lawyers, cost/financial auditors etc.,
  • Developing and overseeing the systems that ensure the company complies with all applicable sections, in addition to its legal and statutory requirements.
  • Maintaining the register of shareholders and monitoring changes in share ownership of the company
  • Paying dividends and managing share option schemes
  • Taking a role in share issues, Merges and Takeovers etc.,
 
     
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