06 October 2019 Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2) were approved by the Central Government under Section 118(10) of the Companies Act, 2013 on 10th April, 2015 and were published in the Gazette of India Extraordinary Part III -Section 4 on 23rd April, 2015 vide ICSI Notification No. (1) SS of 2015, making them effective from 1st July, 2015.

SS-1 and SS-2 have now been revised by ICSI and the same have been approved by the Ministry of Corporate Affairs (MCA) vide its letter No. 1/3/2014-CL.I dated 14th June, 2017.
These standards issued by ICSI applicable to company secretaries not to CAs.

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gaurav

gaurav (Querist)

06 October 2019 Respected Sir, since these are issued by ICSI, that's why not applicable to CA's. This is the main reason? Please confirm.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

06 October 2019 Board meeting and general meetings are conducted by company secretary so these standards applicable to them.
For CAs Accounting standards and Auditing standards applicable.

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