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CS Professional · CSR and Social Governance · Model Code for Meetings of Non-Corporate Entities

Gramodaya Seva Samiti, a registered society, has never framed written rules for conducting its meetings, and members often disagree on how decisions are to be taken. A member suggests following a model code of meetings for non-corporate entities. What is the main purpose of such a model code?

The purpose of a model code is to give non-corporate entities a uniform, best-practice framework for conducting meetings. It supplements, and does not replace, the governing statute or deed, and can be adopted for good governance where the entity's own law is silent.

  1. ATo replace the governing statute of the entity with a new law
  2. BTo give non-corporate entities a uniform, best-practice framework for conducting meetings, which they may adopt where their own law is silent or for good governanceCorrect
  3. CTo make Companies Act, 2013 meeting provisions compulsory for every society and trust
  4. DTo restrict the entity from holding meetings more than once a year

Explanation

A model code is a guidance framework that brings structure, transparency and discipline to meetings of entities such as societies, trusts and partnerships. It does not override the governing statute or import company law. The option about replacing the statute is wrong because the code supplements, not replaces, the law.

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