Amalgamation and Board Minutes.

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Abhijit Rane (Querist)
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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)
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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)
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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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