Consecutive numbering of The pages of the Minutes Books from Meetings held on or after 1st July, 2015

[ACS suresh chaudhary]

7.1.4 The pages of the Minutes Books shall be consecutively numbered.

This shall be followed irrespective of a break in the Book arising out of periodicalbinding in case the Minutes are maintained in physical form. This shall be equallyapplicable for maintenance of Minutes Book in electronic form with Timestamp.So as to facilitate easy retrieval of any decision/Resolution and additionally tosafeguard the integrity of the Minutes, the pages of the Minutes Book should be consecutively numbered irrespective of break in the Minutes Book. Thus, where a Minutes Book is full and a new Minutes Book is prepared, the numbering should continue from the number appearing on the last page of the previous Minutes Book.This should also be followed irrespective of the number or year of Meeting.

For the purpose of this paragraph of SS-1, a company may choose to give consecutive numbering from Meetings held on or after 1st July, 2015, this being the date from which SS-1 became effective. In the event any page or part thereof in the Minutes Book is left blank, it shall be scored out and initialled by the Chairman who signs the Minutes.

One of my friends has numbered the pages of minute book of the second board meeting of financial year as "Page 3/2015-16"  from Meetings held after 1st July, 2015. Is it appropriate?

[ACS suresh chaudhary]

This is an extract from page 73 of  the Guidance note on BM