Circular Resolution

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Harish (Querist)
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19 January 2011 is there any mode of circulation of resolution among the directors under the act for passing a resolution by circulation.How can we keep a proof of having passed a resolution by circulation.

Mohit Garg

Mohit Garg (Expert)
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20 January 2011 as per my understanding you can also do the same by e-mails

CS Nikita Sheth

CS Nikita Sheth (Expert)
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21 January 2011 VWhere a resolution is passed by circulation the proper course will be for the resolution to be pasted in the minute book and minute also placed at the next meeting of the Board recording the fact of the resolution having been passed by circulation.
So, it will be automatically recorded in the next Board Meeting's Minute.

Mohit Garg

Mohit Garg (Expert)
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21 January 2011 Agreed for the Resolution recording purpose, But for keeping records of circulation?

CS Nikita Sheth

CS Nikita Sheth (Expert)
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24 January 2011 When all the directors of the company sign the resolution or majority of the same wil sign the resolution passed by circulation you may scan the same paper and save it in your pc or you amy record the same copy in the company;s file (physical)
there is no specific rule for saving the same.

Harish

Harish (Querist)
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31 January 2011 If for example a resolution is approved by e-mail,is it necessary to get it signed by the directors.If it is,how to get it signed by directors who reside outside town & outside the country.

Mohit Garg

Mohit Garg (Expert)
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31 January 2011 As per my understanding when we are passing a resolution by e-mail confirmation. we need to recorded in the minutes of the next board meeting that will authenticate the resolution so passed when minutes approved by the Board and signed by the Chairman.
Contraty views are invited.

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