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COMPANY SECRETARY – PROFESSIONAL INDEMNITY INSURANCE

The role of Company Secretary is to ensure that the company complies with the statutory requirements. In the past few years, several corporate cases and frauds have come in the public eye after the Company Secretaries blew the whistle. Since then the position of Company Secretary is redefined as Risk Managers. They will therefore have to play a balancing role in this volatile regulatory environment. The onus lies completely on them and as such if they fall short to discharge their duties, they may face legal actions against them.

professional Indemnity Insurance for company secretary in india

Premium Chart

ParticularsPremium excluding Service Tax (INR)
Limit (INR)
25,00,00016,10022,45024,85028,100
50,00,00020,05024,85028,10032,050
1,00,00,00024,05028,85032,05036,100
Gross Income (INR) up to25,00,00050,00,0001,00,00,0002,00,00,000
Deductible (INR)50,00050,00050,0001,00,000
professional Indemnity Insurance for cs

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