Business

The statutory report is a report that a company or organization ought to formulate public by law, particularly its financial report. The statutory meeting must…

The statutory report is the obligatory submission of financial and non-financial information to a government or concerned agency. This is a report that a company…

Voting in the Meeting Voting is a democratic practice in conducting company meetings. Such voting generally indicates the voting right of the participants of the…

Kinds of Resolutions The Companies Act generally recognizes three kinds of resolutions. These are discussed below: Ordinary resolution: The resolution passed by the majority of…

Meaning of Resolution Resolution may be defined as the formal decision of a meeting on any motion placed in the meeting. It is a formal…

Meaning of Proxy In a general sense, a proxy means a person or a representative who is nominated for performing one’s duty in his absence.…

Agenda and minutes are two of the most significant features of a meeting. An agenda is a catalog or consequences of meeting activities in the…

Meaning of Quorum There are various legal requirements regarding the conduct of a meeting and quorum is one of them. Quorum is the number (such…

Meaning of Motion Motion is a proposal that is formally put before a meeting for discussion and decision. It is proposal on a specific issue,…

Considering Factors / Principles of Drafting Minutes Minutes are the written and formal documents of discussion in the meeting. Therefore, the minutes should be drafted…