{"id":107069,"date":"2022-03-23T16:26:11","date_gmt":"2022-03-23T10:56:11","guid":{"rendered":"https:\/\/legalwindow.in\/?p=107069"},"modified":"2022-03-23T17:01:33","modified_gmt":"2022-03-23T11:31:33","slug":"board-of-directors-report-under-companies-act-2013","status":"publish","type":"post","link":"https:\/\/www.legalwindow.in\/blog\/board-of-directors-report-under-companies-act-2013\/","title":{"rendered":"Board of Directors Report under Companies Act 2013- Contents of Report"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-107077 size-full\" title=\"Board of Directors Report under Companies Act 2013\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/Board-of-Directors-Report-under-Companies-Act-2013-Contents-of-Report.png\" alt=\"Board of Directors Report under Companies Act 2013\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Board-of-Directors-Report-under-Companies-Act-2013-Contents-of-Report.png 1200w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Board-of-Directors-Report-under-Companies-Act-2013-Contents-of-Report-600x315.png 600w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Board-of-Directors-Report-under-Companies-Act-2013-Contents-of-Report-300x158.png 300w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Board-of-Directors-Report-under-Companies-Act-2013-Contents-of-Report-1024x538.png 1024w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Board-of-Directors-Report-under-Companies-Act-2013-Contents-of-Report-768x403.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Financial reporting is required for businesses since it offers information on a company&#8217;s current state as well as its compliance with financial, corporate social responsibility, and accounting requirements. At the conclusion of each fiscal year, public and private limited firms must produce a financial document known as the Board of Directors Report under <\/span><span style=\"font-weight: 400;\">Companies Act 2013<\/span><span style=\"font-weight: 400;\">. Further, the directors&#8217; report is the report generated by the company&#8217;s Board of Directors and should be appended to each financial statement. Moreover, It describes the company&#8217;s financial situation.<\/span><\/p>\n<table style=\"width: 100%;\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid #555;\"><b>Table of Content<\/b><\/p>\n<ul>\n<li><a href=\"#Board\">Board of Directors under Companies Act 2013<\/a><\/li>\n<li><a href=\"#Meetings\">Board Meetings under Companies Act 2013<\/a><\/li>\n<li><a href=\"#of\">Board of Directors Reports under Companies Act 2013<\/a><\/li>\n<li><a href=\"#Need\">Need of Board of Directors Reports<\/a><\/li>\n<li><a href=\"#The\">The\u00a0Board of Directors&#8217; Report\u00a0Applicability<\/a><\/li>\n<li><a href=\"#Matters\">Matters Needs to be Covered in Board of Directors Report<\/a><\/li>\n<li><a href=\"#Content\">Content as per statutes<\/a><\/li>\n<li><a href=\"#Penalty\">Penalty for failing to prepare the Directors&#8217; Report<\/a><\/li>\n<li><a href=\"#Summary\">Summary of Board of Directors\u2019\u00a0Report<\/a><\/li>\n<li><a href=\"#Signing\">Signing<\/a><\/li>\n<li><a href=\"#Takeaway\">Takeaway<\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"Board\"><b>Board of Directors under Companies Act 2013<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A Board of Directors (B of D) is a group of persons who represents shareholders. Further, The board of directors is a governing body that meets on a regular basis to establish business management and oversight regulations. Every public corporation is required to have a board of directors.<\/span><\/p>\n<h2 id=\"Meetings\"><b>Board Meetings under Companies Act 2013<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Board meetings are the highest-level meetings, attended by board members or their representatives. Moreover, the manner in which we conduct board meetings speaks a great deal about how we run the company. Further, successful businesses use board meetings to establish and enhance critical business strategies. Because a company is only a legal entity, it lacks the ability to act or make decisions. Furthermore, the board of directors serves as the company&#8217;s representative, performing actions and making decisions. Moreover, they oversee management, offer fiduciary oversight, and keep an eye out for unwarranted risks or compliance issues. Further, they can also approve and monitor global budgets, as well as make significant executive hires and dismissals.<\/span><\/p>\n<h2 id=\"of\"><b>Board of Directors Reports under Companies Act 2013<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Director&#8217;s report is a financial document generated by the Board of Directors that is required by the Companies Act,\u00a02013 for bigger limited companies to file at the end of the fiscal year. Further, Financial reporting is an important aspect of business that outlines the status of the firm and its adherence to a set of financial, accounting, and corporate social responsibility requirements. In this post, we shall discuss the substance of the Directors&#8217; report.<\/span><\/p>\n<h2 id=\"Need\"><b>Need of Board of Directors Reports<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">The directors of a business must prepare the directors&#8217; report at the conclusion of each fiscal year, according to Section 134(3) of the Companies Act, 2013. In addition to the boards&#8217; report, also known as the directors&#8217; report, promotes more corporate openness. Further, the information in the directors&#8217; report allows shareholders to make educated decisions. Moreover, the information in the directors&#8217; report assists shareholders in understanding:<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0The company&#8217;s ability to develop and expand.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Whether the company&#8217;s finances are in excellent shape.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0How the firm is performing inside its market, as well as how the market as a whole is performing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Whether the corporation is adhering to accounting standards, financial restrictions, and corporate social responsibility mandates.<\/span><\/li>\n<\/ul>\n<h2 id=\"The\"><b>The\u00a0Board of Directors&#8217; Report\u00a0Applicability<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Except for <a href=\"https:\/\/legalwindow.in\/one-person-company\/\" target=\"_blank\" rel=\"noopener\">One Person Companies (OPCs)<\/a> and minor companies, all companies must prepare a directors&#8217; report. According to Rule 8A of the <\/span><span style=\"font-weight: 400;\">Companies (Accounts) Amendment Rules, 2018<\/span><span style=\"font-weight: 400;\">, small companies and OPCs must file an abbreviated directors&#8217; report.<\/span><\/p>\n<h2 id=\"Matters\"><b>Matters Needs to be Covered in Board of Directors Report<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The information required in the directors&#8217; report is specified under Section 134(3) of the Companies Act, 2013 and Rule 8 of the Companies (Accounts) Rules, 2014. In their directors&#8217; report, listed firms must provide extra disclosures required by Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.<\/span><\/p>\n<h2 id=\"Content\"><b>Content as per statutes<\/b><\/h2>\n<table>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #555;\"><b>Companies Act, 2013<\/b><\/td>\n<td style=\"border: 1px solid #555;\"><b>Companies (Account) Rules, 2014<\/b><\/td>\n<td style=\"border: 1px solid #555;\"><b>Additional Contents for Listing Companies<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The following information should be included in the board&#8217;s report, according to Section 134(3) of the Companies Act, 2013 (&#8216;Act&#8217;):<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Section 92(3) of the Act requires an annual return extract.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">According to Rule 8 of the Companies (Accounts) Rules, 2014, the board&#8217;s report must include the following information:<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Section 197(12) of the Companies Act, 2013, requires listed companies to publish the compensation ratio of all directors to the median employee&#8217;s remuneration, as well as any other relevant information, in the board&#8217;s report.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Count of board meetings<\/span><\/td>\n<td><span style=\"font-weight: 400;\">The directors must produce the board&#8217;s report using the company&#8217;s standalone financial statements.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The board&#8217;s report shall include the following information, according to Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014:<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Statement of Directors&#8217; Responsibilities, as required by Section 134(5) of the Act<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">A second component of the directors&#8217; report must provide a report on the financial situation and performance of all affiliates, subsidiaries, and joint venture firms included in the consolidated financial statements.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The percentage rise in each chief financial officer&#8217;s, director&#8217;s, chief executive officer&#8217;s, manager&#8217;s, or company secretary&#8217;s salary throughout the fiscal year, if any.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Other than those reportable to the Central Government, details on frauds revealed by auditors under Section 143(12) of the Act<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The following are some details on energy conservation:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">a. The influence of actions made to save energy<\/span><\/p>\n<p><span style=\"font-weight: 400;\">b. The actions done to utilise alternative energy sources<\/span><\/p>\n<p><span style=\"font-weight: 400;\">c. The capital outlay for energy-saving equipment<\/span><\/p>\n<p><span style=\"font-weight: 400;\">d. Contents of a board of directors&#8217; report in accordance with the Companies Act of 2013.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Increase in the percentage of workers&#8217; median salary in the fiscal year<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Section 149(6) of the Act requires independent directors to make a statement of their declaration.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The following are some specifics on technology absorption:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">a. The efforts taken to absorb technology; and\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">b. The advantages obtained, such as cost savings, product creation, product enhancement, or import substitution.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">c. In the case of imported technology, i.e. technology imported during the past three years, specifics of the technology imported, year of import, whether the technology has been completely absorbed, and the regions and reasons for non-absorption.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The number of permanent employees on the company&#8217;s payroll.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The board&#8217;s comments or explanations on every reservation, qualification, or unfavourable disclaimer or remark made by the auditor in their report and, in practise, by the company secretary in their secretarial audit report.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Earned foreign exchange in terms of actual inflows during the course of the year<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The reason for the association between corporate performance and a rise in salary on average.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Details of guarantees, loans, or investments issued in accordance with Section 186 of the Act<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">In terms of actual outflows, the year&#8217;s foreign exchange outflows<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The compensation of the KMP (Key Management Personnel) is compared to the company&#8217;s performance.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Particulars of agreements or contracts involving related parties, as defined in Section 188(1) of the Act<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The highlights or summary of financial data<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Variations in the company&#8217;s market capitalization and price-earnings ratio as of the end of the current and prior fiscal years<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The current condition of things at the firm<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Any changes in the business&#8217;s nature<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Other than managerial workers, the average percentile increase in salary was made in the preceding fiscal year.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The sums that the corporation intends to carry into reserves, if any.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The names and positions of significant executive people or directors that were appointed or resigned during the fiscal year<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The directors&#8217; essential parameters for variable components of pay<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The amount that the corporation believes should be paid as a dividend, if any.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The names of firms that terminated operations or became joint ventures, subsidiaries, or associate corporations during the fiscal year<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The pay ratio of the highest paid director to workers who are not directors but are paid more than the highest paid director during the fiscal year.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Between the conclusion of the fiscal year to which the financial statements pertain and the date of the report, if any, material obligations and developments impacting the company&#8217;s financial status occurred.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The following information is provided:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">a. Deposits accepted during the year;\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">b. Unpaid deposits or unclaimed deposits at the end of the year; and\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">c. Default in payment or repayment of deposits or payment of interest during the year, the number of such defaults and the total amount involved at the start of the year, the maximum during the year, and at the end of the year.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Affirmation that the compensation is in accordance with the company&#8217;s remuneration policy.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The preservation of technology absorption, energy, expenditure, and foreign exchange profits in accordance with Rule 8(3) of the Companies (Accounts) Rules, 2014.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Deposits that are not in accordance with the provisions of Chapter V of the Act<\/span><\/td>\n<td style=\"border: 1px solid #555;\">\n<ul>\n<li><span style=\"font-weight: 400;\">A declaration including the names of all corporate employees and noting the following:<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">a. Employee designation\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">b. Remuneration\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">c. Nature of employment, whether contractual or otherwise\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">d. Employee experience and qualifications\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">e. Date of commencement of employment\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">f. Age of the employee\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">g. The last employment held by the employee before joining the company\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">A declaration demonstrating the execution and development of a risk management policy, including the identification of risk components that, in the judgement of the boards, may endanger the company&#8217;s survival, if any.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The specifics of major and significant directives issued by regulators, tribunals, or courts that will have an influence on the company&#8217;s activities in the future, as well as the company&#8217;s going concern status<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Details on the firm&#8217;s policy on <a href=\"https:\/\/www.investopedia.com\/terms\/c\/corp-social-responsibility.asp\" target=\"_blank\" rel=\"noopener\">Corporate Social Responsibility (CSR)<\/a> actions conducted during the year, as adopted and developed by the corporation.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The specifics of the adequacy of internal financial controls in relation to the financial statements<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">A statement describing how the board conducted a formal annual evaluation of its own performance, the performance of its committees, and the performance of individual directors in the case of listed companies and every other public company with a paid-up share capital of Rs.25 crore or more calculated at the end of the previous fiscal year.<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><\/td>\n<td style=\"border: 1px solid #555;\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"Penalty\"><b>Penalty for failing to prepare the Directors&#8217; Report<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">When the board authorises them, the chairman of the corporation shall sign the board&#8217;s report or the Directors&#8217; report and its annexures. When the board does not authorise the company&#8217;s chairman to sign the report, at least two directors, one of whom must be a managing director, must sign the report. Further, A signed copy of the board of directors&#8217; report should be distributed, issued, or posted on the corporate website.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">When a corporation fails to prepare the board&#8217;s report and directors&#8217; report. Then the company must pay a penalty of Rs.3 lakh. And each officer in default must pay a penalty of Rs.50,000.<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/legalwindow.in\/board-of-directors-report-under-companies-act-2013\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-107083 size-full\" title=\"Appoint a Director in any Company starting from \u20b9 3000\/-\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/Director-1-1.jpg\" alt=\"Appoint a Director in any Company starting from \u20b9 3000\/-\" width=\"1000\" height=\"200\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Director-1-1.jpg 1000w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Director-1-1-600x120.jpg 600w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Director-1-1-300x60.jpg 300w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Director-1-1-768x154.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/h2>\n<h2 id=\"Summary\"><b>Summary of Board of Directors\u2019\u00a0Report\u00a0<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">The Board&#8217;s Report of a <\/span><span style=\"font-weight: 400;\">One Person Company<\/span><span style=\"font-weight: 400;\"> and a <\/span><a href=\"https:\/\/legalwindow.in\/micro-finance-company\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Micro Finance Company<\/span><\/a><span style=\"font-weight: 400;\"> shall be prepared on the basis of the company&#8217;s stand-alone financial statement, which shall be in a shortened form and contain just the points from 1 to 10.<\/span><\/li>\n<\/ul>\n<h2 id=\"Signing\"><b>Signing<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">The Board&#8217;s report must be signed by the company&#8217;s chairperson who has permission from the Board. Further, by at least two Directors, one of whom must be a Managing Director, or by the director if there is only one director.<\/span><\/li>\n<\/ul>\n<h2 id=\"Takeaway\"><b>Takeaway<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">The boards&#8217; report, also known as the directors&#8217; report, promotes more corporate openness. Further, the information in the directors&#8217; report allows shareholders to make educated decisions. Moreover, the information in the directors&#8217; report assists shareholders in determining if the firm can develop and flourish. And so it shows to be a vital part for the company&#8217;s success.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">For more information about this topic kindly connect to our <\/span><span style=\"font-weight: 400;\">experts<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Financial reporting is required for businesses since it offers information on a company&#8217;s current state as well as its compliance with financial, corporate social responsibility, and accounting requirements.&hellip;<\/p>\n","protected":false},"author":5,"featured_media":107076,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-107069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-compliance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Board of Directors Report under Companies Act 2013 &#187; Legal Window<\/title>\n<meta name=\"description\" content=\"Step by Step Guide about Board of Directors Report under Companies Act 2013. 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