The term ‘secretary’ is derived from the Latin word ‘secretarius’, the meaning of which is ‘a confidential officer.’ Secretary is one to whom secret matters are entrusted and he has to maintain secrecy of the works he deals with. In earlier times, a secretary was entrusted only to conduct correspondence for kings and other high […]
Company Meeting
What is Annual Business Report – The Business Communication
An annual business report is the report prepared and published at the end of an accounting year is called annual report. An annual report is one of the various publications made out by companies. All the public limited companies are obliged to prepare a report at the end of every accounting year for their shareholders. […]
Meaning of Minute and Principles of Drafting Minutes
The dictionary meaning of minute is a note or memorandum to assist the memory. In corporate affaris is known as recording the proceedings of meeting. In other words, the written record of discussions held and decisions made at a meeting are called minutes. The objective of writing minutes is to preserve a concise and accurate […]
What is Notice of Meeting? Prerequisites of a Valid Notice
Meaning of notice of meeting Notice means an invitation in writing to the concerned persons for attending in the meeting. Preparing and serving notice is an essential requirement of a valid meeting. If the authority fails to serve notice to any one of the eligible members, the meeting will be invalid. Every notice of meeting […]
Pre-requisites of a Valid Meeting in Business Studies
Pre-requisites of a Valid Meeting There are different types of meetings. Whatever be the type of meeting, it must fulfill the following pre-requisites: Called by competent authority: Meetings should be called by the competent authority. If the competent authority does not call the meeting, it will be invalid. In case of company meeting, board of […]