TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Explanatory Statement Required for Special Business in Meetings as per Section 173 of Companies Act, 1956.</h1> Section 173 of the Companies Act, 1956 mandates that an explanatory statement must accompany the notice of a meeting where special business is conducted. In annual general meetings, only certain routine matters are not considered special, such as reviewing accounts, declaring dividends, and appointing directors and auditors. For other meetings, all business is deemed special. The explanatory statement must detail material facts about each special business item, including directors' and managers' interests. If the business affects another company, the statement must disclose any significant shareholding interest of directors or managers in that company. Additionally, the statement must specify where related documents can be inspected.
TaxTMI 
TaxTMI 
