23 November 2011
1. If any company passes any resolution in its board meeting then, for passing valid resolution whether it is required to sign by all the director on each resolution voting in favour of such resolution?
please guide me about passing the valid resolution in BOARD MEETING AS WELL AS IN AGM.
23 November 2011
As per Section 193 of the Companies Act Minutes of the Board Meeting by the Chairman of the Same Meeting or the Next Meeting and in case of General Meeting (AGM or EOGM) are to be signed only by the Chairman of the same Meeting within stipulated time.
And resolutions passed therein are valid and need not be signed by all the directors.
23 November 2011
After holding BM and passing the resolution one should enter the same in board minutes. After preparing board minutes and their signing a director can certify the copy of board resolution.
23 November 2011
No, the resolution is not required to be signed by all the directors , Only one Director so authorised can sign on the behalf of the Board.
As regarding Minutes of the Meeting, do mention the the resolution was approved by all or some Directors.
CAclubindia
