Amrutha has ceased to be a director of CSS Ltd. by resignation. However, she continues to be the shareholder of the company. She now wants to inspect the minutes of the Board meeting in electronic form which she had atte
CS Executive · Company Law · PYQS · December 2022
Amrutha has ceased to be a director of CSS Ltd. by resignation. However, she continues to be the shareholder of the company. She now wants to inspect the minutes of the Board meeting in electronic form which she had attended during her tenure as a director of the company. Is she entitled to inspect the minutes of those Board meetings of CSS Ltd. as per the provisions of the Companies Act, 2013?
Answer & Explanation:
As per para 7.7.1 of SS-1, the minutes of meetings of the Board and any committee thereof can be inspected by the Directors. Director is entitled to inspect the minutes of the meeting held before the period of his directorship. A director is entitled to inspect the minutes of the meetings held during the period of his directorship even after he/she ceases to be a director. Inspection of the minutes may be provided in physical or electronic form. While inspection of minutes book, the Company Secretary or the official of the company authorised by the Company Secretary to facilitate inspection shall take all precautions to ensure that the minute's book is not mutilated or in any way tampered by any person. Hence, Amrutha can inspect the minutes of the Board meetings held during her tenure as director even after she ceases to be the director relating to her tenure as directorship.
Topics: Meetings of Board and its Powers
Related Questions in this Topic
- Draft a specimen format of minutes of the board meeting and include therein a specimen resolution passed for declaration...
- Deep Sea Trawlers Limited, a public listed company has given the following information for the FY ended 31st March, 2024...
- Speciality Nuts and Bolts Limited, a profit-making listed company has given the following information for the FY ending ...
- The Board of Directors of Omega Computer Systems Limited, a listed company, consisted of twelve directors out of which t...
- The meeting of Board of Directors (BOD) of Amarchand Lalchand Exports limited, a listed company was called on Sunday, th...