Document background
Shareholders Meeting Minutes are essential corporate documents required under Indian law to record proceedings of general meetings, whether annual or extraordinary. These minutes must be prepared in accordance with the Companies Act, 2013, and maintained at the registered office of the company. The document serves multiple purposes: it provides a legal record of decisions made, protects both the company and shareholders by documenting exact proceedings, and serves as evidence in case of future disputes. It must be prepared within 30 days of the meeting and should include specific details about attendance, resolutions, voting results, and any material discussions. The minutes become particularly important during regulatory inspections, corporate due diligence, and for maintaining corporate governance standards.
