Revised Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2) were made applicable from 1st July, 2015 and revised version thereof were made applicable from 1st October, 2017 (“Existing version”).
However, considering the legal amendments on the subject, SS-1 and SS-2 were subsequently revised further by the ICSI to bring them in alignment with the provisions of the Companies Act, 2013 and Rules made thereunder.
The ICSI has announced that the approval of the Central Government for specification of the Revised SS-1 and Revised SS-2 under Section 118(10) of the Act was accorded vide Ministry of Corporate Affairs (MCA) letter dated 2nd January, 2024.
Accordingly, the Revised SS-1 and SS-2 shall be effective from 1st April, 2024
The Revised SS-1 and SS-2 are available on the ICSI website at the link https://www.icsi.edu/ssb/home
Assessing Officer had taken a reasonable stand that 25 kg written in WhatsApp chat/text message was 25 lakh - ITAT…
Shareholders are only owners of the shares of the company therefore, income from properties earned by the company cannot be…
When approval for reassessment was granted by unauthorised authority, such jurisdictional error cannot be shielded by the law of limitation…
ITAT on presumption of bogus purchases ought to have remanded case to AO to reconsider the whole matter instead of…
Where proceedings u/s 153C are barred by limitation, AO can not reopen the case invoking section 148 and 148A of…
Corporate guarantees executed by the corporate debtor constitute “financial debt” under IBC and banks to be recognized as financial creditors…