Section 175 of CA 2013 : Section 175: Passing Of Resolution By Circulation
CA 2013
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Explanation using Example
Imagine a company named "GreenTech Innovations Ltd." has a board of directors with 10 members. The company needs to quickly decide on purchasing a piece of land for a new project. Instead of waiting for the next scheduled board meeting, the company secretary proposes to pass the resolution by circulation to expedite the process.
The secretary drafts the resolution and compiles all necessary documents related to the land purchase. These documents are then sent to all 10 directors at their regi...
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