Discard Date Resolution For Free

A director may be removed by: An ordinary resolution adopted at a shareholders' meeting by the persons entitled to exercise voting rights in the election of that director.

Can the resolution be amended? The extent to which a proposed resolution can be amended willdepend on what type of resolution is proposed: Special, extraordinary and elective resolutions. Aspecial resolution cannot be amended except in very limited ways,for example, correction of grammatical or typographical errors.

(1) A special notice required to be given to the company shall be signed, either individually or collectively by such number of members holding not less than one percent of total voting power or holding shares on which an aggregate sum of not less than five lakh rupees not more than five lakh rupees not less than five ...

If there is an amendment to or substitute for a proposed resolution, the Chairman shall decide the sequence of voting for such proposed resolution and the amendment or substitute. If any one of them has been adopted, the others shall be deemed vetoed and no further voting is required.

It is customary that unanimous consent to withdraw a resolution be given. This can be achieved by the chairman simply asking shareholders if anyone objects to the withdrawal, and if no-one dissents then it can be taken as unanimous agreement.

Sub-Clauses. Resolution without meeting. (a) A resolution of the Board which is in writing and signed by all of the Directors who are entitled to vote (Circular Resolution) will be as valid and effective as if it had been passed at a meeting of the Board properly convened and held.

A resolution can only be withdrawn by the proposers if all five of them agree to withdraw it.