The Law and Practice Relating to Company Meetings By Ramaswami Kalidas – 3rd Edition 2024

Description

The book contains an incisive analysis of the law and practice relating to the holding of meetings of the board, various committees constituted by the Board and general meetings of the members including meetings held specifically under the statute for different stakeholders. The book explains lucidly the paradigm shift which has been brought about in the Companies Act, 2013 as compared to the 1956 Act in the matter of conducting meetings, use of audio visual means for attending meetings etc. Implications of amendments made by SEBI to the SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015 made in the year 2021 some portion of which have prospective application from April 1, 2022 have also been considered to the extent they impact the functioning of the Board of directors and the Committees constituted. The book will be of immense value to the professional fraternity as well as those aspiring to enter the profession, company directors, academicians as also the dilettante. The book should enable the professionals to organize meetings in a systematic manner as practical insights have been provided on these aspects, given the author’s four-decade long interface with the Industry. The annexures to the book contain the relevant provisions in the Act, Rules, Regulations, Secretarial Standards etc. to facilitate co-relation with the discussion in the chapters of the book.

Key features

• Critical analysis of the law and practice relating to company meetings with reference to the case laws both under the present Act and its predecessor, the 1956 Act.
• Specific reference to SEBI (LODR) Regulations, 2015 governing conduct of meetings by listed companies.
• Relevant amendments made under the Companies (Amendment) Acts of 2019 and, 2020, the relevant rules thereunder have been analyzed.
• Amendments made to section 135 of the Act and the Rules thereunder relating to CSR have been explained to facilitate functioning of CSR Committee of the Board.
• Secretarial Standards 1 (Meetings of the Board of Directors) and 2 (General Meetings) with reference to the – Guidance Notes issued thereon have been critically examined.
• Ambiguities in the law have been explained and dealt-with pragmatically under various topics.
• Ready reference to the law, relevant Rules, SEBI Regulations, Notifications and Circulars to make the edition contemporaneous.
• Commentary on the law has been embellished with court rulings where necessary.