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        Companies Law

        Rule 4 - Power to regulate procedure in certain circumstances

        National Financial Reporting Authority (Meeting for Transaction of Business) Rules, 2019

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        Chairperson procedural discretion allows procedure determination when rules are silent, with written reasons under meeting rules. Rule 4 authorises the chairperson to determine procedure in cases not provided for in the meeting rules, conditional upon recording the reasons for that determination in writing; this functions as a procedural gap filling power subject to a documentary transparency requirement under Companies Law meeting rules.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Chairperson procedural discretion allows procedure determination when rules are silent, with written reasons under meeting rules.

                                Rule 4 authorises the chairperson to determine procedure in cases not provided for in the meeting rules, conditional upon recording the reasons for that determination in writing; this functions as a procedural gap filling power subject to a documentary transparency requirement under Companies Law meeting rules.


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