Inviting bids for Appointment of Practicing Company Secretary Firm for carrying out Secretarial Audit of NBCC (India) Limited

Inviting bids for Appointment of Practicing Company Secretary Firm for carrying out Secretarial Audit of NBCC (India) Limited

NBCC (India) Limited formerly known as National Buildings Construction Corporation Ltd. was established in 1960 as a Government of India Enterprise. The Company is a Schedule ‘A’ Navratna CPSE under the Ministry of Urban Development, Govt. of India.

Company’s present arrays of operations are categorized into three main segments, i.e. (i) Project Management Consultancy (PMC), (ii) Engineering Procurement & Construction (EPC) and (iii) Real Estate Development. It has been executing many Landmark Projects as a PMC as its Core strength leveraging its rich experience in Sectors as diverse as Roads, Hospitals, Institutions, Offices, Residential & Commercial etc. with pan India presence. NBCC also has its footprints in International Market.

NBCC intends to appoint reputed Practicing Company Secretary Firm to conduct Secretarial Audit of the Company for the Financial Year 2016-17.

SCOPE OF WORK 

The illustrative (but not exhaustive) Scope of Work under Secretarial Audit given in Annexure-I for understanding and ready reference.

Eligibility criteria for submission of technical bid

1. The Company Secretary Firm should have minimum two active partners/ employees in full time practice who are qualified Company Secretaries and members of ICSI and;
2. The following will be the basis of Points for the selection and selection will be made on the basis of attainment of highest Points.

Terms and Conditions:

• Conduct of Secretarial Audit: Audit shall be conducted/carried out in time bound manner as per the Companies Act, 2013 as time being the essence of the contract, it is expected that the Secretarial Audit Report should be submitted at the earliest as per the format prescribed under rule No.9 of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.
• Secretarial Auditor shall ensure that ‘All compliances as prescribed under the DPE guidelines on Corporate Governance applicable to NBCC, Secretarial Standards issued by ICSI, The Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the rules & regulations made there under and other applicable laws as amended from time to time, have been complied with.
• The tenure of appointment shall be at the sole discretion of the Company. The tenure may be renewed every year at the sole discretion of the Company. However, it is expressly stated here that the said tenure is not to be construed as assured and the Company reserves the right not to reappointment at its sole discretion without assigning any reason therefore. In case of satisfactory performance, the appointed Secretarial Auditors can be reappointed on the mutually agreed terms & conditions and fees
• The Company reserves the right to accept / reject any or all the offers without assigning any reason whatsoever therefore.
• Overwriting/correction/erase and/or use of white ink should be avoided in the Offer. However, if any overwriting/correction/erase is inevitable, the same should be authenticated with the signature & seal of authorised person of applicant Firm.
• Documentary evidence(s) in respect of all the information above by the applicant Firm(s) must be furnished along with the proposal.
• All the pages of the proposal document shall have to be signed by the applicant Firm(s) with the Firm’s seal and documents submitted along- with the offer shall also have to be authenticated by the authorised signatory of the applicant Firm(s) with the Firm’s seal.
• The proposal should be submitted strictly as per the terms & conditions laid down in the document.

The Offer in the Prescribed Format at Annexure – II & III, can be submitted in physical form to following address:

Company Secretary,
NBCC (India) Limited,
NBCC Bhawan, Lodhi Road New Delhi – 110003.
Ph. No. 011-43591555 (Extn. 1874)

The sealed offer containing expression of interest should be submitted separately for technical and financial bid in the office of above mentioned up to 15.12.2016. The Technical bid envelope must be sealed and super- scribed with “Offer for Short listing/Appointment of Secretarial Auditor -Technical Bid” and the Financial bid envelope must be sealed and super – scribed with “Offer for Short listing/Appointment of Secretarial Auditor – Financial Bid”. The Name & Address of the Applicant Firm must also be mentioned on the body of both envelopes. The financial bid open only to the Firm who qualified technical bid.

Offers submitted in any other form shall not be considered.

• The Company reserves the right to accept or reject any or all responses and to request additional submissions or clarification from one or more applicant(s) at any stage or to cancel the process entirely at its sole discretion without assigning any reason whatsoever.
• The Firms are required to submit their Service Tax registration number if applicable in their offers.
• The last date for receipt of the proposal December 15, 2016 at NBCC, NBCC Bhawan, Lodhi Road, New Delhi-110003. Proposals received after this date shall not be considered.

For Details Regarding Application go through the below link...!!!

Secretarial Audit of NBCC (India) Limited



Thanks & Regards,
CS Meetesh Shiroya