ICSI issues new Secretarial Standard -4 on ‘Report of the Board of Directors’
(Date: 24/09/2018)
ICSI has issued new SS- 4 on report of the Board of the Directors. SS-4 is re-commendatory in nature and it shall come into force w.e.f. 01.10.2018. Part -1 of the Board report shall be related to Disclosures such as:
1. Company Specific information
2. General Info.
3. Capital and Debt Structure
4. Credit Rating of Securities,
5 CSR.
6. IEPF,
7 Auditors etc, and
Part –II of report shall include other requirement such as Approval of report, signing of report, Filing and submission of the report.