Secretarial Standards: mandatory corporate meeting procedures require compliance and standardised board and general meeting practices. Secretarial Standards standardise secretarial practices by prescribing uniform procedures for board and general meetings. The SSB follows a consultative ... Summary
Secretarial Standards: mandatory corporate meeting procedures require compliance and standardised board and general meeting practices.
Secretarial Standards standardise secretarial practices by prescribing uniform procedures for board and general meetings. The SSB follows a consultative drafting and approval process, and once approved by the Central Government SS 1 (Board meetings) and SS 2 (General meetings) are mandatory for meetings whose notices are issued on or after the effective date, subject to specified exclusions. Secretarial Audit must examine compliance with applicable clauses, Guidance Notes are recommendatory, law prevails over inconsistent Standards, and stricter provisions govern where divergences exist.
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