What is a minute?, The importance of minutes
Hello dear friends here you will get What is a minute? The importance of minutes A minute is the written record of the proceedings of a meeting. It provides a fair and correct summary of the matters discussed in a meeting.Secretary of the company records the proceedings of a meeting in the minute’s book. It is kept as a documentary evidence for future references.
Importance or objectives of a minute:
1. It provides accurate summary of the proceeding of a meeting
2. Acts as documentary evidence
3. Opinions of the members can be reviewed
4. Guidelines for future meetings
5. Acts as a means of accountability to the shareholders
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