16 April 2008
A SPECIAL RESOLUTION NEEDS TO BE PASSED BY SHAREHOLDERS FOR AMEMDING THE ARTICLES OF ASSOCIATION OF A COMPANY. BEFORE THAT THE BOARD OF DIRECTORS MEET AND DECIDE THE PLACE, TIME AND DATE FOR EGM OR AGM AND APPROVE THE NOTICE FOR AGM/EGM (WITH EXPLANATORY STATEMENT) AND APPROVE AGENDA ALSO FOR SHAREHOLDERS MEETING AND AUTHORISE ONE OF THE DIRECTORS TO SIGN AND SEND NOTICE FOR THE AGM/EGM TO SHAREHOLDERS . THE DIRECTORS ALSO RECOMMEND PASSING SPECIAL RESOLUTION TO SHAREHOLDERS AT THE AGM/EGM. AFTER AGM/EGM PASSES THE SPECIAL RESOLUTION( WITH TWO THIRDS MAJORITY )AMENDING THE ARTICLES,FORM 23 NEEDS TO BE FILED WITH ROC AND REVISED M/A GETS PRINTED WITH NEW ARTICLES AMENDED AND ONE COPY FILED WITH ROC. R.V.RAO
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