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Retainership

In today’s complex regulatory environment, businesses must ensure strict compliance with corporate laws, governance standards, and statutory regulations. Retainership services offered by Practicing Company Secretaries (PCS) play a crucial role in helping companies maintain seamless compliance while focusing on their core operations. A retainer agreement provides businesses with ongoing, expert advisory and compliance support, ensuring they meet all legal obligations without disruptions or last-minute compliance hassles.

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PCS on retainership acts as a strategic compliance partner, offering continuous legal guidance and assistance in areas such as corporate governance, company law compliance, board advisory, secretarial audits, and regulatory filings. By engaging a PCS on a retainer basis, companies gain cost-effective, proactive compliance management, reducing risks of penalties, legal disputes, and regulatory actions. This arrangement is particularly beneficial for small companies, private limited companies, LLPs, start-ups, listed entities, and multinational corporations, ensuring they remain fully compliant with the Companies Act, 2013, LLP Act, FEMA, SEBI Regulations, Taxation Laws, and other applicable legal frameworks.

Retainership services cover routine and event-based compliance, such as maintaining statutory registers, conducting board and shareholder meetings, filing annual returns, drafting resolutions, and handling disclosures. Moreover, they offer timely advisory on mergers, acquisitions, restructuring, corporate governance practices, and risk management. Having a PCS on retainership also enhances corporate credibility, ensuring better governance, transparency, and ethical business conduct. By leveraging retainership services, businesses can avoid last-minute compliance burdens, focus on strategic growth, and operate with confidence, knowing that their legal and regulatory responsibilities are being efficiently managed by an expert. This long-term engagement model fosters stability, mitigates risks, and builds a robust compliance framework, making it an invaluable service for companies aiming for sustainable growth and regulatory excellence.

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Jadhav Musale & Associates LLP

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