The Institute of Chartered Accountants of India ( ICAI ) has asked the Chartered Accountants to follow Strict Compliance Verification / Clarification of documents related to the incorporation of a Company or an LLP.
The ICAI has said that, the MCA has communicated to ICAI that instances have been observed where practicing professionals are not carrying out Due Diligence and Verification while carrying out the incorporation of Company / LLP.
The ICAI has also said that the Verification of documents pertaining to Directors, KMP, witnesses to MoA, AoA, and verification of Registered Office are required to be done in strict accordance with the provisions of Law.
