Rajnikant george

1. Presented By Rashmikala Rajnikantgeorge BOARD MEETING AND RESOLUTIONS

4. Notice of Board Meetings A written notice of every Board meeting must be given to every director who is for the time being in India. If a Director is absent from India, no notice need be given to him abroad, but it should be sent to his usual address in India. If the officer of the company whose duty is to send the notice fails to do so, he shall be punishable with fine upto one hundred rupees.

5. QUORUM[sec 287] According to sec 287 quorum for meeting of the board of directions of a company shall be one third of its total strength or two directors, whichever is higher. But where this quorum can’t be formed because of the interested directors, then the number of directors who are not interested, being less than two, shall be the quorum

6. Proceeding to board’s meeting The regulation 64 to 81 contained in schedule (I) of the companies act provide that board meeting shall be taken by majority of vote. The chairman may be allowed a casting vote in case of a tie. i.e. equality of vote

7. Cont’d The minutes of the meeting kept in accordance with the provision stated above, shall be evidence of the proceeding recorded therein.[Sec 194] Minute book is to enable the shareholder of the company ----- To know exactly what their directors have been done; Why it was done and When it was done

8. Resolutions Ordinary Resolution Special Resolution Written Resolution

10. The minimum number of member to sign the requisition is the holder of one twentieth of the total voting power

11. The requisition must be deposited at the registered office of the company.

12. The time period for submitting the requisition form is six weeks before the meeting.