Since board meetings moved online, a question I am now asked regularly by directors, promoters and fellow Company Secretaries is this: "Can a director insist on a copy of the video recording of a board meeting?" The short answer: no provision expressly gives a director the right to a copy, and even the right to inspect the recording is not spelt out in terms. But the law requires the proceedings of Board meetings held through video conferencing to be recorded and preserved as company records,...

Safeguards for KMPs - Annual MCA Filings (Pvt Ltd)

The last week of September 2026 brought an unusual set of shareholder votes. 🔹 Sigachi Industries: A 10% dividend (Re 0.10 per share) was rejected, with 99.66% of votes cast against. The promoter group (36.69%) voted 100% against, while public institutions voted 100% in favour. This came two weeks after the same promoter group voted against both resolutions at the company’s EGM: an increase in authorised capital and a ₹290.40 crore preferential issue of warrants. Shareholders voting down a...