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IREDA Re-appoints P.C. Jain & Co. as Secretarial Auditor for FY 2024-25
Team Finance Saathi
27/Dec/2024
What's covered under the Article:
- IREDA has re-appointed P.C. Jain & Co. as its Secretarial Auditor for FY 2024-25 to conduct the audit for the upcoming financial year.
- The re-appointment follows the Board's decision during the 429th meeting held on December 27, 2024.
- P.C. Jain & Co. brings over 25 years of experience and is recognized for its expertise in secretarial audits of listed CPSEs and multinational companies.
Indian Renewable Energy Development Agency Limited (IREDA) has announced the re-appointment of P.C. Jain & Co. as its Secretarial Auditor for the financial year 2024-25. This decision was made during the 429th meeting of the Board of Directors held on December 27, 2024. P.C. Jain & Co., a well-established firm of Company Secretaries in the Delhi NCR region, will be entrusted with conducting the secretarial audit for IREDA in compliance with the SEBI regulations. This re-appointment highlights the company's dedication to maintaining robust corporate governance and regulatory compliance practices.
P.C. Jain & Co. brings over 25 years of experience in corporate law advisory and secretarial audits, having served a diverse range of clients including multinational companies and public sector undertakings (PSUs). Their expertise includes conducting secretarial audits for various listed CPSEs such as NHPC Ltd., NBCC (India) Ltd., and RVNL. The firm is well-recognized for its commitment to excellence, transparency, and professionalism, making it an ideal partner for IREDA's secretarial compliance requirements.
In addition to their experience, P.C. Jain & Co. has been empanelled with major industry associations and public sector organizations. Their track record of success in areas like corporate restructuring, merger & demerger audits, and insolvency advisory further enhances their credibility in handling IREDA’s audit tasks.
About P.C. Jain & Co.
P.C. Jain & Co. is a peer-reviewed firm that has been providing specialized services in corporate law and secretarial audits since its inception in 2000. The firm is recognized for offering tailored solutions to clients across various sectors, including government agencies, multinational corporations, and public sector enterprises. Their commitment to providing exceptional legal compliance, corporate governance, and regulatory advisory services has made them a trusted name in the industry.
Their professionals, including CS P.C. Jain, a qualified Insolvency Professional, lead the firm with over 30 years of experience in corporate laws and legal compliance. Under his leadership, the firm has successfully handled corporate restructuring and insolvency matters, playing a key role in the successful resolution of corporate debtors through IBC 2016 and other related processes.
Why This Matters for IREDA
By re-appointing P.C. Jain & Co., IREDA is further strengthening its corporate governance framework. This secretarial audit will ensure that the company complies with the Companies Act, SEBI regulations, and other legal requirements, safeguarding its interests and ensuring operational transparency. The firm’s involvement in corporate governance audits also guarantees that IREDA will meet the highest standards of legal and regulatory compliance in the energy sector.
This move is part of IREDA's ongoing commitment to ensuring that its operations are aligned with best practices in corporate governance and that it continues to maintain the trust of stakeholders, regulators, and the public. The partnership with P.C. Jain & Co. will help ensure that all governance structures are appropriately audited and compliant.
For businesses in the energy sector and beyond, this move also serves as a benchmark in ensuring adherence to SEBI regulations and corporate governance standards. Companies looking to enhance their regulatory compliance and corporate governance can draw inspiration from IREDA's choice of an experienced, peer-reviewed firm for secretarial audits.
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