Circular resolution

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 August 2011 Hi,

Could you please tell me, whether a listed company can pass circular resolution for postal ballot procedure, rather than holding a Board Resolution.

pls reply urgently.

CS Richa Sharma

CS Richa Sharma (Expert)
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04 August 2011 All matter other than those which require shareholders' approval as contemplated in section 293 and other sections and matters which require approval of the Central Government, or the Company Law Board
or Regional Director can be passed by the directors or committee of directors by circular resolution.

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jyoti bhagchandani

jyoti bhagchandani (Expert)
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05 August 2011 yes it can check out the link..........https://www.caclubindia.com/experts/poll-postal-ballot-11546.asp

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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06 August 2011 Also see file from below link for details---

https://s3.amazonaws.com/caclubindia/files/share_files/149668_40265_resolutions_under_companies_act_1956.pdf