Resolution by circulation & then Postal Ballot
This query is : Resolved
20 August 2009
For a Listed concern If there is change in Other Object Clause of the Company and the company wants to adopt that object after the change.
Can we get the Board resolution passed by circulation instead of calling a Board meeting and then start the Postal ballot process.
Can we get the Board resolution passed by circulation instead of calling a Board meeting and then start the Postal ballot process.
21 August 2009
Yes the same is possible.
Kindly appreciate in your case postal ballot is mandatory as desired by Section 192A of the Companies Act, 1956 as you are going to change your object clause.
Regarding board meeting I would like to say that any resolution of board may be passed by circulation under section 289 of the companies act, 1956 by complying with the provisions of section 289.
Further section 192A and 289 are different sections.
Regards
Kindly appreciate in your case postal ballot is mandatory as desired by Section 192A of the Companies Act, 1956 as you are going to change your object clause.
Regarding board meeting I would like to say that any resolution of board may be passed by circulation under section 289 of the companies act, 1956 by complying with the provisions of section 289.
Further section 192A and 289 are different sections.
Regards
22 August 2009
Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Requirement under FEMA &RBI
- CLOSING STOCK QUERY
- ITC BENEFIT ON BROKRAGE PAID
- Residential status of non resident
- Gst reverse charge mechanism to be claimed in the month of payment
- Sale of Mutual Funds In Diffirent Financial Years
- CASH GIFT FROM BLOOD RELATIVE
- ITR 44AD SECTION
- GST ISD Query on various AMCs
- REGARDING ITR FILING QUESTION
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
