Fundraising is a major milestone for any company. Preparation is the key to have a successful fundraising process. While companies ensure they have the right advisors for marketing the deal to investors, conducting the due diligence and documenting the definitive documents, they often leave secretarial compliances to the last moment.

We all know the advantages of a private limited company. And many people wish to be directors' in a private limited company. The title director has some sort of pride which every executive wishes to add to his profile.

The Companies Act, 2013 lays down several stipulations governing Board meetings – how the Board meetings should be conducted, how often, consequences of non-compliance and so on.

If you are a newly minted startup, congratulations! You have taken the plunge and you are well on your way to make a difference in the world.

There are a few secretarial compliances as mandated and regulated by the Companies Act, 2013 that you have to adhere to:-