Share on LinkedInShare on LinkedIn

ARTICLE · 11 SEPTEMBER 2015

Revised General Meetings Process: Secretarial Standard 2

PSA
Explore more from PSA

The Ministry of Corporate Affairs notified secretarial standard 2 ("SS-2") on April 23, 2015 which came into effect from July 1, 2015.

IndiaCorporate/Commercial Law
Jaya Moorjani
Jaya Moorjani
Author LinkedIn connections

Introduction

The Ministry of Corporate Affairs notified secretarial standard 2 ("SS-2") on April 23, 2015 which came into effect from July 1, 2015. The objective of SS-2 is to ensure good corporate governance and better accountability towards shareholders in all general meetings ("GM"). Section 118(10) of the Companies Act, 2013 ("the Act") imposes an obligation on companies to strictly comply with SS-2 at all times.

This bulletin highlights the process of holding GMs by private limited companies after coming into force of SS-2. While some of the procedures are already practiced as per the Act, our aim is to provide an overview of the entire process to be followed to hold GMs now.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

CCPS In India: Why Compulsorily Convertible Preference Shares Remain Central To Venture Capital And M&A Transactions

Compulsorily Convertible Preference Shares (CCPS) remain one of the most widely used instruments for venture capital and private equity investments in Indian companies. Their appeal lies in the ability to combine equity classification with negotiated economic and governance protections. But CCPS are not governed by a single, standalone statutory framework. Their legal treatment is instead shaped by the Companies Act, FEMA and foreign investment rules, tax law, and, where applicable, SEBI regulations.
IndiaCorporate/Commercial Law
King, Stubb & Kasiva
King, Stubb & Kasiva
Article

Overview Of The Consumer Protection (E-Commerce) (Amendment) Rules, 2026

Argus Partners maintains offices in Mumbai, New Delhi, and Bengaluru, providing legal services across India's major business centers. The firm operates under strict Bar Council of India regulations that prohibit solicitation and advertising, with this website serving purely informational purposes. Users must acknowledge that no attorney-client relationship is created through website access and should seek independent legal advice for specific matters.
IndiaCorporate/Commercial Law
Argus Partners
Argus Partners
Article

FCRA Amendment Rules, 2026: Key Changes And Practical Implications

AZB & Partners provides important disclaimers regarding the nature and purpose of their website, clarifying that no solicitation or advertising has occurred and that the information is provided solely at the user's request. The firm outlines the limitations of the website content and emphasizes that accessing it does not create a lawyer-client relationship. Users are informed about their responsibilities when using the site and the firm's intellectual property rights over the content.
IndiaCorporate/Commercial Law
AZB & Partners
AZB & Partners
Article

Resetting The Clock – Insolvency And Bankruptcy Code (Amendment) Act, 2026

The Insolvency and Bankruptcy Code (Amendment) Act, 2026 (“Amendment Act”) received Presidential assent on April 6, 2026, marking the most significant reform to India’s insolvency framework since the original enactment of Insolvency and Bankruptcy Code’s (“IBC”) in 2016 (and has yet to become law). Over the last decade, the IBC has transformed India’s insolvency landscape by improving creditor recoveries, shifting control from defaulting promoters to creditors and creating a modern regulatory framework where none existed before.
IndiaInsolvency/Bankruptcy/Re-Structuring
PSA
PSA
Article

Retention Clauses Under Scrutiny: Enforcing Service Bonds In India

Indian courts are increasingly treating service bonds as legitimate commercial tools rather than automatic restraints on employment. When an employee leaves prematurely after receiving training or specialized benefits, can employers enforce bonds requiring compensation? This analysis examines the evolving judicial framework that determines when service bonds are valid, what evidence employers must provide, and how courts calculate recoverable damages when bonds are breached.
IndiaEmployment and HR
PSA
PSA
Article

Intermediaries: A New Playbook Beyond Passive Compliance

Intermediary liability in India is governed by section 79 of the Information Technology Act (“IT Act”).This section provides safe harbour protection to intermediaries for third-party information, subject to compliance with due diligence obligations under the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (“IT Intermediary Rules”), particularly Part II, which governs intermediary conduct. On March 30, 2026, the Ministry of Electronics and Information Technology (“MeitY”) released draft amendments for public consultation.
IndiaMedia, Telecoms, IT, Entertainment
PSA
PSA