Amalgamation and Board Minutes.

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Abhijit Rane (Querist)

08 February 2011

Hi Everyone

My 1st Query

can members of the the Company have right to inspect the Board Minutes. Plz site the provisions.

My 2nd Query

can a company who is a party to a CLB petiton (against whom the petion has been filed) can be a member of amalgamation n enter amalgamation. what is the provision related to it.

can company change its name when such petition is still pending in CLB??

Please Guide me in this

Regards

Abhijit

Jayashree S Iyer

Jayashree S Iyer (Expert)

10 February 2011 Answer to your first query -

The Compnaies Act contains no provision either specifically permitting or prohibiting inspection by/or supply of copies to the shareholders of a company of the minutes of the meetings of the Board.

The Department vide Letter No.8/15(169)/63-P.R., dated 11-2-63 has expressed its view that unless the articles of association provide to the contrary, a shareholder has no right of inspection or of obtaining copies of the minutes of its Board meetings.

Abhijit Rane

Abhijit Rane (Querist)

10 February 2011 Thank u so much jayashree.. is da same thing applicable to private company as well? whr will i get the said notification????

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