Single format · FV01-X1-3

Secretarial audit report in Form MR-3, with model observations and qualifications

A single format from the Secretarial Audit pack. Form MR-3 · s.204(1) and (3) · Rule 9 · CSAS-3 and CSAS-4.

Length
14 pages
Blanks to fill
126
Files
Word and PDF
Law as at
30 October 2026
Last reviewed
30 October 2026

What it covers

  1. 1Secretarial audit report in Form MR-3, with model observations and qualificationsForm MR-3 · s.204(1) and (3) · Rule 9 · CSAS-3 and CSAS-4126 blanks

Not included

What you will still need outside this format:

  • The annual secretarial compliance report under Regulation 24A(2), which follows SEBI's own format.
  • Certification of the annual return in Form MGT-8 and other certificates, each under a separate engagement (and, for a listed entity, prior Board approval).
  • The AGM resolution and explanatory statement appointing a listed entity's secretarial auditor for its five-year term.
  • Board and general meeting papers, registers and the Board's report itself: Board Meeting Formats (FV01-C7), General Meeting Formats (FV01-D9), Register Formats (FV01-E3) and The Board's Report (FV01-H6).
  • The retainer engagement for routine secretarial and ROC work: FV01-B7; the statutory audit representation letter: FV03-B9.
  • Regularising defaults the audit finds: adjudication under section 454 (FV01-I3), compounding under section 441, or condonation under section 87.
  • Peer review, UDIN generation and verification on the ICSI portals, and checklists for sector-specific laws.
  • MCA additional fees, penalties and the fee for the audit.

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

This format has three parts: the report in Form MR-3 (Part A), the annexure on scope, responsibility and limitations that forms part of it (Part B), and a library of model observations with matching model explanations for the Board’s report (Part C). Form MR-3 as prescribed in 2014 lists SEBI regulations that have since been replaced; keep the structure and wording of the form, and name the regulations in force, as below. An individual practitioner replaces “we” with “I” throughout.

Part A. The report

FORM NO. MR-3
SECRETARIAL AUDIT REPORT
FOR THE FINANCIAL YEAR ENDED [End date of the audit period]
(Pursuant to section 204(1) of the Companies Act 2013 and Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014)

To,
The Members,
[Name of the Company]
[Registered office address of the Company]
CIN: [CIN of the Company]

59 more paragraphs and tables follow in the full format.

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