Document background
Committee Minutes are essential governance documents required under Indian corporate law to maintain accurate records of organizational decision-making processes. These minutes serve as the official record of committee meetings, capturing attendance, discussions, decisions, and voting outcomes. They must be prepared in accordance with the Companies Act 2013, Secretarial Standards, and other applicable regulations. Committee Minutes are particularly crucial for demonstrating compliance, maintaining corporate memory, and providing evidence of due diligence in decision-making. They are referenced during audits, regulatory inspections, and legal proceedings, making them vital for corporate governance and risk management. The minutes must be maintained permanently and should be accessible to authorized stakeholders as required by law.
