Bloomsbury The Director’s Handbook by CS Milind Kasodekar, CS Shilpa Dixit and CS Amogh Diwan – 3rd Edition 2022

Companies are managed by directors collectively called “the Board of Directors”. This book covers a detailed discussion on duties of directors including the nitty gritties of all relevant provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standards in a simple and easy to refer format.

The intention is to provide an idea about the provisions and responsibilities of the persons who are working in the capacity of directors as well as those proposed to appointed as such.

The book is divided into various chapters providing an exhaustive write up on various provisions relating to directors starting from the eligibility of a person to be appointed as a director in the company to the liabilities of a director under the liquidation and winding up of a company.

The book also provides necessary assistance to those helping the directors in execution of their functions and gives a practical perspective on the provisions relating to acquisition of Director Identification Number (DIN)/Digital Signature Certificate (DSC), eligibility, kinds of directors, committees of directors, meetings of directors, remuneration etc. It also covers the provisions and treatment of various transactions in relation to directors such as accepting of loans, granting loans to directors, related party transactions in between the company and the directors, various documents, including Board’s Report & registers to be signed by the directors etc.

HIGHLIGHTS

– Comprehensive coverage of provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Revised Secretarial Standards impacting the directors.
– Detailed discussion on provisions relating to eligibility, appointment, remuneration, cessation, liability and other crucial provisions related to the management of the company.
– Checklists and important points for the directors to ensure compliance with the applicable legal provisions under the Companies Act, 2013.
– Detailed list of offences and punishments along with legal recourse for directors.
– Guidance on documentation related to directors along with standard drafts. Covers the provisions of Accounting Standard 18 – Related Party Disclosures and impact of the revised Secretarial Standards on Meetings of the Board of Directors (SS1) issued by ICSI, effective from 1st October 2017.

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