Circular resolution Sample Clauses

Circular resolution. The directors may pass a resolution without a directors' meeting if all of the directors entitled to vote on the resolution sign a document stating that they are in favour of the resolution. Duplicate copies of the document may be used for signing. The resolution is deemed to be passed when the last director signs.

Circular resolution. In addition to physical meetings, the Board may act by circular resolution on any matter except for those matters which by Applicable Law may only be acted upon at a meeting. Any such circular resolution shall have to be approved by simple majority of Directors.

Circular resolution. A resolution in writing, signed by a Supermajority of the Directors for the time being entitled to receive notice of a meeting of the Directors, shall be as valid and effective as if it had been passed at a meeting of the Directors duly convened and held. Any such resolution may consist of several documents in like form, each signed by one or more Directors.

Circular resolution. Subject to the provisions of Clause 5.5.2 and Clause 5.7, the Board of Directors of the Company shall also be entitled to pass circular resolutions in accordance with relevant provisions of the Act.

Circular resolution. Subject to compliance with Applicable Laws, a written resolution circulated to all the Directors or members of committees of the Board whether in India or overseas and signed by a majority of such of them entitled to vote on the resolution, including at all times, the vote of each Investor Director and Founder Director (in each case, if then in office), shall be as valid and effective as a resolution duly passed at a meeting of the Board or committee of the Board called and held in accordance with this Agreement and the Amended & Restated Articles (provided that it has been circulated in draft form, together with the relevant papers, if any, to all the Directors). Notice may be waived or the resolution may be passed by circulating for a shorter period, with the consent of the majority of the Directors, including the written consent of each of the Investor Directors and the Founder Directors (in each case, if one then be in office). Decisions on Investor Veto Matters and Founder Veto Matters may be taken by circular resolution provided such decisions have been approved in accordance with Clause 5.

Circular resolution. (a) Subject to relevant provisions of the Act, a written resolution (circulated in draft form, along with all the relevant supporting documents) signed (either in favour of or against the resolution) by the majority of the Directors (whether in India or abroad) entitled to vote thereon shall be as valid and effectual as a resolution duly passed at a meeting of the Board and may consist of several documents in the like form each signed by one or more Directors. (b) Notwithstanding anything contained in Clause 5.9(a) above, no Reserved Matter shall be resolved by circular resolution without the consent of the Investor.

Circular resolution. The Partners may pass the necessary resolutions in writing by way of circulating the resolution in draft together with the necessary documents, relating to the business mentioned in Schedule II and such resolutions shall be binding on all the Partners of “YOUR LLP NAME” On a poll taken at a meeting of Partners of “YOUR LLP NAME” , a Partner entitled to more than one vote, or his proxy, or other person entitled to vote for him as the case may be, need not, if he votes, use all his votes or cast in the same way all the votes he uses. The Partners shall ensure that all decisions taken by them in meetings are recorded in the minutes within thirty (30) days of taking such decisions and are kept and maintained at the Registered Office of “YOUR LLP NAME” . Each Partner shall : I Punctually pay and discharge the separate debts and engagement and indemnify the other Partners and “YOUR LLP NAME” assets against the same and all proceedings, costs, claims and demands in respect thereof. Be faithful to the other Partners and shall at all times, give and render to the other Partners true and correct account and information of the “YOUR LLP NAME” business and affairs and of all transactions, matters and things relating thereto; Punctually and forthwith account for and pay in “YOUR LLP NAME” all moneys, cheques and other negotiable instruments whatsoever received by him for and on behalf of “YOUR LLP NAME” and shall punctually and forthwith credit or get credited the same in the books of accounts of “YOUR LLP NAME” . Each of the Partners shall give time and attention as may be required for the fulfillment of the objectives of “YOUR LLP NAME” business and they all shall be the Working Partners.

Circular resolution. The Board may act by written resolution, or in any other legally permissible manner, on any matter, except matters, which by Applicable Law may only be acted upon at a meeting. Subject to any restrictions imposed by Applicable Law and subject to Clause 10.3 of the HCARE IRA and Clause 10.2 of the IFC IRA, no written resolution shall be deemed to have been duly adopted by the Board, unless such written resolution shall have been approved by the requisite percentage vote, as provided in this Agreement, of Directors. If a Director does not convey his acceptance or rejection of the proposed resolution, not being an IFC Reserved Matter or an HCARE Reserved matter, within 7 (seven) Business Days from the date of receipt of the requisite documentation, including explanatory statements and supporting documents, he/she shall be deemed not to have granted his acceptance to the resolution.