In the light of provisions of relevant Secretarial Standard state if the minute book can be in the custody of a senior officer of the company where there is no Company Secretary in the company.
CS Executive · Company Law · PYQS · June 2024
In the light of provisions of relevant Secretarial Standard state if the minute book can be in the custody of a senior officer of the company where there is no Company Secretary in the company.
Answer & Explanation:
As per para 8.3 of Secretarial Standard - 2 on General Meetings minutes book shall be kept in the custody of any director duly authorised for the purpose by Board where there is no Company Secretary in the company. Therefore, the minute book can be kept in the custody of any authorized director and not in the custody of the senior officer.
Topics: Company Secretary in Practice / Secretarial Standards
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