board approval


This query is : Resolved 

(Querist)
08 November 2010 Dear All,
Is approval given by directors through email to resolution by circulation valid?

Thanks & Regards
Shraddha.

udit sharma (Expert)
08 November 2010 No.....the approval should be in writing!

Ajay Mishra (Expert)
09 November 2010

Hi


Under section 289, resolution should be passed by circulation by Board of Directors but not by email.

So resolution passed by e-mail is not valid.


Regards


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