Signing and confirmation of minutes of the board meeting

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..... minutes signed of the meeting already held. Such minutes may be signed by the chairman of the meeting at any time before the next meeting is held. The course of confirming the minutes of any board meeting by members of the board at the next meeting is not contemplated by the law. Since as stated in the immediately preceding paragraph, the confirmation of minutes of a board meeting is not require .....

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..... are discussed. Even if the minutes have not been signed but have been approved by the chairman of the meeting concerned, the same position as indicated above will prevail. In order that any change in such minutes may be effected, the only way open is to adopt fresh resolutions in modification on the footing that the minutes as recorded on the approval of the chairman stand. - Circular - Trade N .....

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