Role of a Scrutinizer in a Private Limited Company: Ensuring Fair Corporate Governance
In the structured ecosystem of corporate governance, especially within a Private Limited Company , the Scrutinizer plays a vital role in upholding transparency and trust during voting processes. While their presence is more often discussed in the context of public companies, the appointment of a Scrutinizer is also significant in Private Limited Companies , particularly when decisions are made through voting at general meetings or via postal or electronic ballots. In this blog, we’ll break down the role, responsibilities, legal framework, and practical application of a Scrutinizer in a Private Limited Company. Who is a Scrutinizer? A Scrutinizer is an impartial and independent professional—typically a Company Secretary (CS), Chartered Accountant (CA), Cost Accountant, or an Advocate—appointed by the Board of Directors to supervise the voting and ensure the process complies with legal norms and the company’s internal governance documents. Legal Basis for Appointment Under the...