ICAI - Strict Compliance - regarding Verification/ Clarification of documents related to incorporation of a Company or a LLP by Practicing Professionals
April, 28th 2022
The MCA has communicated to ICAI that instances have been observed where practising professionals are not carrying out Due Diligence and Verification while carrying out incorporation of Company / LLP. The Verification of documents pertaining to Directors, KMP, witness to MoA, AoA and verification of Registered Office are required to be done in strict accordance with the provisions of Law. Members may accordingly ensure strict compliance to avoid penal actions.