Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India

28th April, 2022

________________________________________________________________________________________________________________

ANNOUNCEMENT

Sub: Important Message: Strict Compliance – regarding Verification/
Clarification of documents related to incorporation of a Company or a LLP
by Practicing Professionals.

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.

Sincerely Yours,

Chairperson and Vice Chairperson
Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India

Source : Important Message: Strict Compliance – regarding Verification/ Clarification of documents related to incorporation of a Company or a LLP by Practicing Professionals. – (25-04-2022)