SCOPE OF GENERAL MEETINGS :

This Standard is applicable to all types of General Meetings of all companies incorporated under the Act except One Person Company
(OPC) and class or classes of companies which are exempted by the Central Government through notification. The principles \ enunciated in this Standard for General Meetings of Members are applicable mutatismutandis to Meetings of debenture-holders and creditors. A Meeting of the Members or class of Members or debenture-holders or creditors of a company under the directions of the Court or the Company Law Board (CLB) or the National Company Law Tribunal (NCLT) or any other prescribed authority shall be governed by this Standard without prejudice to any rules, regulations and directions prescribed for and orders of, such courts, judicial forums and other authorities with respect to the conduct of such Meetings. This Standard is in conformity with the provisions of the Act. However, if, due to subsequent changes in the Act, a particular Standard or any part thereof becomes inconsistent with the Act, the provisions of the Act shall prevail.