Secretarial compliance refers to the adherence to various regulatory and statutory requirements imposed on companies by the government or regulatory bodies. It includes tasks such as maintaining corporate records, filing statutory returns, and ensuring compliance with company laws. It's important for businesses to comply with these regulations to avoid penalties, legal liabilities, and maintain good corporate governance practices.

Common secretarial compliance requirements for companies in India include holding board meetings at regular intervals, filing annual returns with the Registrar of Companies (RoC), maintaining statutory registers and records, conducting audits as required by law, and ensuring compliance with provisions of the Companies Act, 2013.

The responsibility for ensuring secretarial compliance within a company typically lies with the board of directors, particularly the company secretary, who is designated as the compliance officer. However, every employee and stakeholder also plays a role in adhering to compliance requirements within their respective areas of responsibility.

Non-compliance with secretarial regulations in India can result in various consequences, including fines, penalties, legal actions against the company and its officers, disqualification of directors, loss of reputation, and even closure of the business in extreme cases.

Companies can ensure effective secretarial compliance management by implementing robust compliance processes and systems, conducting regular compliance audits, staying updated on changes in regulatory requirements, providing training to employees on compliance matters, and seeking guidance from legal and compliance experts when needed.