Enumerate the provisions of the Companies Act, 2013 in respect to the following: (i) Matters not to be included in the minute, as per the opinion of…
CA Intermediate · Corporate and Other Laws · MTP · May 2024
Enumerate the provisions of the Companies Act, 2013 in respect to the following: (i) Matters not to be included in the minute, as per the opinion of the Chairman. (ii) Maximum time allowed for entering minutes of proceedings.
Suggested Answer and Working Notes:
(i) There shall not be included in the minutes, any matter which, in the opinion of the Chairman of the meeting- is or could reasonably be regarded as defamatory of any person; oris irrelevant or immaterial to the proceedings; oris detrimental to the interests of the company. (ii) Maximum time allowed for entering minutes of proceedings: The minutes of proceedings of each meeting shall be entered in the books maintained for that purpose along with the date of such entry within 30 days of the conclusion of the meeting.
Topics: Registration of Charges, Management & Administration
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