valid as on 16/06/2019

Section 175. Passing of resolution by circulation
Effective from 01-04-2014

(1) No resolution shall be deemed to have been duly passed by the Board or by a committee thereof by circulation, unless the resolution has been circulated in draft, together with the necessary papers, if any, to all the  , or members of the committee, as the case may be, at their addresses registered with the company in India by hand delivery or by post or by courier, or through such electronic means  and has been approved by a majority of the directors or , who are entitled to vote on the resolution:

Provided that, where not less than one-third of the total number of directors of the   for the time being require that any resolution under circulation must be decided at a meeting, the chairperson shall put the resolution to be decided at a meeting of the Board.

(2) A resolution under sub-section (1) shall be noted at a subsequent meeting of the Board or the committee thereof, as the case may be, and made part of the minutes of such meeting.

2(34) Director means a director appointed to the Board of a company
Refer rule 5 of the Companies (Meetings of Board and its Powers) Rules,2014. To view the rule,Click Here
2(55) Member, in relation to a company, means—

(i) the subscriber to the memorandum of the company who shall be deemed to have agreed to become member of the company, and on its registration, shall be entered as member in its register of members;

(ii) every other person who agrees in writing to become a member of the company and whose name is entered in the register of members of the company;

(iii) every person holding shares of the company and whose name is entered as a beneficial owner in the records of a depository

2(20) Company means a company incorporated under this Act or under any previous company law

12.1.5-Companies (Meetings of Board and its Powers) Rules,2014

5. Passing of resolution by circulation.-

A resolution in draft form may be circulated to the directors together with the necessary papers for seeking their approval, by electronic means which may include E-mail or fax.


Enforcement Notification S.O. 902(E) dated 26/03/2014


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