Role of Company Secretary

Role of Company Secretary in convening Annual General Meeting

The Role of Company Secretary in administering and managing the business affairs of the Company has been increased over the years. The Company Secretary is responsible for statutory compliance of the company with the regulators. In today’s business climate, the role of Company Secretary (CS) has been intensified with greater responsibilities and duties. In addition to preparing agendas and setting up board meetings, company secretaries are becoming key individuals within their companies. According to the […]

Annual General Meeting

Annual General Meeting under Companies Act 2013 – PART 2

In Continuation to the previous post on Annual General Meeting (AGM): Content of Annual General Meeting Further, the following documents are also to be sent with the notice calling Annual General Meeting: – Copy of Annual Accounts / Financial statements of the Company; – Directors’ Report and its annexures representing Company’s position for the given financial year; – Auditors’ Report and its annexures and – Any other required documents. Matters to be discussed at the […]

MCA allows relaxation of holding AGM against Covid-19

MCA allows relaxation for holding AGM against Covid-19

In a massive relief to the Companies, the Ministry of Corporate Affairs (MCA) via general circular No. 18/2020 allows relaxation for holding Annual General Meeting (AGM) to fight against COVID-19 to the Companies whose financial year ended on December 2019. Under Companies Act, every Company requires to hold AGM within a period of six months (Nine months in case of first AGM) from the closure of the financial year and not later than 15 months […]