The section shall not apply as a whole to section 8 companies except that minutes may be recorded within thirty days of the conclusion of every meeting in case of companies where the articles of association provide for confirmation of minutes by circulation vide notification no. G.S.R. 466(E) dated 5th June, 2015.
(The exceptions, modifications and adaptations provided above shall be applicable only to those companies covered under section 8 of the said act which has not committed a default in filing its financial statements under section 137 of the said act or annual return under section 92 of the said act with the registrar, vide notification dated 13th June, 2017)
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Refer rule 25 of the Companies (Management & Administration) Rules, 2014. To view the rule, Click Here
Provided Inserted vide Exemption Notification to specified IFSC Public Companies, GSR 08 (E) dated 04.01.2017. To view the notification Click Here
Provided Inserted vide Exemption Notification to specified IFSC Private Companies, GSR 09 (E) dated 04.01.2017. To view the notification Click Here
This clause is not applicable for IFSC Private and IFSC Public company vide GSR 8(E)and GSR 9(E) dated 04.01.2017. To view the notification Click Here
Secretarial Standards 1 & 2 has been revised effective from 01.04.2024. To view the secretarial standards, Click here .