Yes, Governance Matters.: Why Same-Day Board and AGM Meetings Invite Regulatory Scrutiny
Posted by By nishithadmin at 10 February, at 17 : 55 PM Print
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Why Same-Day Board and AGM Meetings Invite Regulatory Scrutiny
This article was first published in www.taxsutra.com (Feb, 06, 2026).
The Registrar of Companies, Karnataka (“RoC”) passed an Adjudication Order[1] Section 454 of Companies Act, 2013 (“CA 2013”) imposing penalties on Stanley OEM Sofas Limited, a public limited company and wholly owned subsidiary of Stanley Lifestyles Limited (hereinafter referred to as the “Company”) and its directors for violation of Section 101(1) of CA 2013 which governs statutory notice period for holding general meetings. This Order reflects a strict regulatory stance on procedural non-compliance, particularly in matters relating to the convening of general meetings and adherence to minimum notice requirements
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Santosh Gangavati and Maulin Salvi
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