Secretarial Audit (Form MR-3) in Mumbai — How it works with CorporateWalla®

Secretarial audit for companies. Form MR-3 (Practicing Company Secretary's report) for listed companies + certain unlisted (paid-up capital ≥ ₹50Cr or turnover ≥ ₹250Cr).

Mumbai is the financial capital of India and home to the highest concentration of CA firms, ROC offices (Mumbai + Pune bench), and banks. Most registrations are filed through the Mumbai (city) or Pune bench of NCLT. Stamp duty on share capital is governed by the Maharashtra Stamp Act and is among the highest in India. The Maharashtra Ready-Reckoner (circle rate) is used for property valuation, and Mumbai property rates are the highest in the country, which directly impacts valuations on Net Worth Certificates and FDI structuring.

Secretarial Audit pricing in Mumbai

3-tier transparent pricing. Government + GST included. Mumbai clients can pay via UPI, card, NEFT, or Razorpay. Maharashtra professional tax is ₹200 (Feb) + ₹250 (Mar) for salary earners; ₹2,500 for businesses with turnover > ₹25L.

starter

₹9,999₹14,999

Timeline: 30–45 days

Secretarial audit (1 FY)
Form MR-3 report
Compliance review (Companies Act + SEBI LODR)
Annexures + Board's response
CS-signed + certified
×CSR + related party + insider trading review

standard

₹17,999₹24,999

Timeline: 30–45 days

Secretarial audit (1 FY) + Annexure
Form MR-3 + Board's response
Compliance review (Companies Act + SEBI LODR + FEMA)
CSR + related party + insider trading review
CS-signed + certified + Board presentation
Quarterly compliance certificate

pro

₹34,999₹49,999

Timeline: 30–45 days

Secretarial audit (multi-year / multi-entity)
Form MR-3 + multi-entity reports
Comprehensive compliance review (all laws)
CSR + related party + insider trading + audit committee review
CS-signed + Board presentation + audit committee support
Quarterly compliance certificate + 1-yr advisory

Step-by-step Secretarial Audit process

1
Document collection
Board + AGM minutes, statutory registers, returns, agreements, related party transactions, insider trading data.
2
Compliance review
CS reviews compliance with Companies Act, SEBI LODR (if listed), FEMA, ESG, related party transactions, CSR, etc.
3
MR-3 draft
CS drafts MR-3 report with findings, non-compliances, qualifications. Board's response incorporated.
4
MR-3 finalisation + filing
MR-3 signed by CS. Filed with the Board. Attached to the Board's Report for the AGM.

Documents required for Secretarial Audit in Mumbai

Standard checklist. We help you prepare any missing item — for Mumbai residents, this can be done entirely on WhatsApp + email.

Board + AGM / EGM minutes (full year)

Statutory registers (members, directors, charges)

ROC + RBI + SEBI returns filed

Related party transaction register

Insider trading + trading window closure records

CSR + ESG reports (if any)

List of subsidiaries, joint ventures, associates

Why choose CorporateWalla® for Secretarial Audit in Mumbai?

Mandatory for listed companies

Every listed company must annex the Secretarial Audit Report (Form MR-3) to the Board's Report. Mandatory under Section 204 + SEBI LODR.

Mandatory for certain unlisted

Unlisted public + Pvt Ltd companies with paid-up capital ≥ ₹50Cr OR turnover ≥ ₹250Cr are also required to do a Secretarial Audit.

Practicing CS only

Only a Practicing Company Secretary (PCS) can conduct a Secretarial Audit and sign the MR-3 report.

Board's response

The Board must provide its response to the MR-3 findings, including corrective actions for any non-compliances.

Areas we serve in Mumbai

Secretarial Audit services across Mumbai’s key business districts. On-site visit available for bulk / corporate clients.

AndheriBandra Kurla Complex (BKC)Lower ParelNariman PointFortPowaiWorliGoregaonBorivaliVashi (Navi Mumbai)Thane

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Frequently asked questions — Secretarial Audit in Mumbai

Q: When is secretarial audit mandatory?

A: Secretarial audit under Section 204 is mandatory for: listed companies, public companies with paid-up capital ≥ ₹50Cr OR turnover ≥ ₹250Cr, and private companies which are a subsidiary of a public / listed company. Filed annually via Form MR-3 attached to the board's report.

Q: How do I get secretarial audit in Mumbai?

A: Get secretarial audit in Mumbai in 3 steps: (1) WhatsApp or call us at +91 72783 76654 with your requirement, (2) we send a checklist + quote + collection link, (3) our CA team files the application in 30–45 days. We serve all of Mumbai — including Andheri, Bandra Kurla Complex (BKC), Lower Parel, Nariman Point and surrounding areas.

Q: Is Secretarial Audit online possible for Mumbai residents?

A: Yes — 100% online. Mumbai clients can submit documents by email / WhatsApp / Google Drive, and the application is filed electronically on the relevant government portal (MCA / GSTN / IP India / DGFT / FoSCoS, as applicable). You do not need to visit our office. We also do on-site visits for bulk / corporate engagements in Mumbai.