Secretarial Audit (MR-3)
Section 204 secretarial audit by a practising Company Secretary
- 1ScopeApplicable laws listed for your company.
- 2ReviewRecords tested and gaps fixed where possible.
- 3ReportMR-3 issued by the partner practising CS.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Secretarial Audit (MR-3)
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
A secretarial audit under Section 204 is mandatory for listed companies, public companies with paid-up capital of ₹50 crore or more or turnover of ₹250 crore or more, and any company with outstanding loans or borrowings from banks or public financial institutions of ₹100 crore or more. The report, in Form MR-3, is given by a practising Company Secretary and annexed to the board's report.
The audit examines compliance with the Companies Act, SEBI regulations (for listed entities), FEMA, depositories rules and sector laws. Qualifications in MR-3 must be explained in the board's report, so a pre-audit review is valuable.
Companies outside the mandatory thresholds often commission a voluntary secretarial compliance review before a fundraise or acquisition. Indus Tax delivers secretarial audits with partner practising Company Secretaries and prepares the underlying compliance file.
| Law | Section 204; Rule 9 of the Managerial Personnel Rules |
|---|---|
| Mandatory for | Listed cos; public cos with ₹50 cr paid-up or ₹250 cr turnover; any co with ₹100 cr+ bank/PFI borrowings |
| Report | Form MR-3 by a practising CS |
| Disclosure | Annexed to the board's report with explanations of qualifications |
Work that the law requires a practising Company Secretary to sign or represent is delivered through Indus Tax's partner professionals; our team prepares the records, coordinates the filing and stays your single point of contact.
Who this is for
Common scenarios where this service is a good fit.
- Companies crossing the Rule 9 thresholds
- Companies preparing for investment or acquisition
- Listed companies
What you get
Clear deliverables so you know exactly what's included.
- Applicability check
- Pre-audit compliance review
- MR-3 through partner practising CS
- Board's report explanations
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Applicable laws listed for your company.
Records tested and gaps fixed where possible.
MR-3 issued by the partner practising CS.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Work that legally needs a practising Company Secretary is signed by a partner professional; we coordinate it end to end.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
Official sources
- Ministry of Corporate Affairs — MCA21 portal
- Companies Act, 2013 (India Code)
- ICSI Secretarial Standards
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
