TOPIC 41: QUICK REFERENCE TO “REVISED SECRETARIAL STANDARD -2 (FEW ASPECT ONLY)”

.
Quick Reference to "Revised Secretarial Standard -2 i.e. for General Meetings " :-
( Few Aspects only)
.
.
Points:-
.
1. The SS-2 is not not applicable for OPC & Section 8 Companies.
.
2. It is already effective & notified / Applicable from 1st October, 2017.
.
3. Secretarial Auditor means not only PCS but also PCS Firm.
.
4. Notice of GM shall be posted on website of the Company till the end /Conclusion of the meeting. ( If Company having a Website ).
.
5. Notice of AGM shall also have a Serial number of Meeting.
.
6. In Case of Nidhi Company Individual Notice should be provided if Member is holding more than 1 k of Face value of Shares or 1% of total paid up share capital of Company whichever is less. & For remaining or Other member notice shall be given through Public Notice in newspaper.
.
7. The Complete Particulars / Information about Route map or Venue of the meeting is not applicable in case of Wholly owned Subsidiary and The Company in which only it's directors & relatives are members.
.
8. The Proxy form should be as per MGT-11 only and not as per AOA of the Company.
.
9. Nidhi Company is not required to Provide e-voting facility to the Members of the Company.
.
10. It's not Mandatory that atleast 1 Scrutinizer is the Member of Company.
.
11. The Scrutinizer is required to Submit his report within 7 days from the last date of the Poll.
.
12. Notice of Adjourned Meeting os not required to be given if its Adjourned on same day or within 3 days.
.
13. Minutes book is required to Kept only at the Registered Office of the Company.
.
14. If Minutes are maintained in the Loose-leaf form then it should be bound at least once in every 3 years.
.
15. If the Member has made request to the Company about Delivery of Notice through Particular Mode other than followed by the Company then that member is required to Pay fees as decided by the Company.
 .
.
Regards
ACA SOURAV BAGARIA