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TMI BlogCirculation of members' resolutions.X X X X Extracts X X X X X X X X Extracts X X X X ..... requisitionists, (a) give to members of the company entitled to receive notice of the next annual general meeting, notice of any resolution which may properly be moved and is intended to be moved at that meeting; (b) circulate to members entitled to have notice of any general meeting sent to them, any statement of not more than one thousand words with respect to the matter referred ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt to them, by serv ing a copy of the resolution or statement on each member in any manner permitted for service of notice of the meeting; and notice of any such resolution shall be given to any other member of the company by giving notice of the general effect of the resolution in any manner permitted for giving him notice of meetings of the company: Provided that the copy shall be served, or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) in the case of any other requisition, not less than two weeks before the meeting; and (b) there is deposited or tendered with the requisition a sum reasonably sufficient to meet the company's expenses in giving effect thereto: Provided that if, after a copy of a requisition requiring notice of a resolution has been deposited at the registered office of the company, an annual gene ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... application. [3] (6) A banking company shall not be bound to circulate any statement under this sec tion, if, in the opinion of its Board of directors, the circulation will injure the interests of the company. (7) Notwithstanding anything in the company's articles, the business which may be dealt with at an annual general meeting shall include any resolution of which notice is gi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ourt by the Companies (Amendment) Act, 1988, w.e.f. 31-5-1991. [3] Fees prescribed is Rs. 50. On notification of the commencement of the amendment, power will be transferred to the Central Government. [4] Substituted for "five thousand rupees" by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulatio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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