The board's report is a key document that provides an overview of a company's performance, activities, and financial status. It is a mandatory report prepared by the board of directors and submitted to the shareholders and regulatory authorities. The board's report typically includes information on the company's operations, financial statements, corporate governance practices, risk management, and future plans. Understanding the board's report is important for stakeholders, investors, and regulators to gain insights into a company's performance and decision-making processes. This description provides an overview of the board's report and its significance as a comprehensive document that showcases a company's performance and governance practices.
Company Law : With lot of amendments come day by day in the Companies Act & Rules, an attempt has been made from my side to share my knowledge r...
Company Law : Committees have an important role to play in company governance. A Board can set up committees with particular terms of reference ...
Company Law : Introduction The Board of Directors of a Company play a fiduciary role in protecting the interest of shareholders by providing ade...
With lot of amendments come day by day in the Companies Act & Rules, an attempt has been made from my side to share my knowledge regarding Board’s Report for One Person Companies (OPC) and Small Companies under the Companies Act, 2013 in the form of an Article. This Article contains the introduction, clarification, amended provisions and format and other important points included in Board’s Report for OPC and Small Companies under Companies Act, 2013.
Committees have an important role to play in company governance. A Board can set up committees with particular terms of reference when it needs assistance or when any issue requires more attention. They can be set up for specific purpose or to deal with general issues. They can be established on a Short term or temporary basis or may be formed on a permanent basis.
Introduction The Board of Directors of a Company play a fiduciary role in protecting the interest of shareholders by providing adequate information on the company’s management and its functioning. They are the custodian of the money that the shareholders have invested in the company. Duty is cast upon the Board of directors to prepare and […]
