Circular resolution
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2018
Can a resolution giving consent to the Scheme of Amalgamation as a Shareholder / Creditor be passed by means of circular resolution?
CS Mitesh Mehta
(Expert)
01 August 2018
No. In notice of the meeting of creditors/members , the details pertaining to the date of the board meeting at which the scheme was approved by the board of directors including the name of the directors who voted in favour of the resolution, who voted against the resolution and who did not vote or participate on such resolution need to be mentioned
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