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Companies Act, 2013--Board Meetings

Steering the Ship : Navigating Board Meetings with Important Provisions of ICSI's Secretarial Standard-1

CS. Pragya Lalwani

The Secretarial Standard-1 focusing on 'Meetings of the Board of Directors,' plays a vital role in shaping how these crucial meetings are conducted. The learned Author delves into key provisions of such standard that brings significant changes, reflecting the evolving corporate landscape and the need for greater transparency and accountability.

1. Introduction

In today's complex business environment, effective corporate governance is paramount. At the heart of good governance lies a well-functioning Board of Directors, responsible for steering the company towards success. Recognizing this, the Institute of Company Secretaries of India (ICSI) has issued Secretarial Standard-1 (SS-1) on 'Meetings of the Board of Directors.' This standard provides comprehensive guidance on the conduct of board meetings, ensuring compliance with legal requirements and promoting good corporate governance.

2. Frequency of Meetings

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