Common use of Resolutions by Circulation Clause in Contracts

Resolutions by Circulation. Subject to the provisions of the Act, resolutions of the Board may be passed by circulation, if the resolution has been circulated in draft, together with necessary papers, if any, to all the Directors, then in India or outside India (not being less in number than the quorum fixed for a Board meeting), and to all other Directors at their usual address in India, and has been approved by such of the Directors as are then in India, or by a majority of such of them, as are entitled to vote on the resolution.

Resolutions by Circulation. Subject to the provisions The Board of the Act, resolutions Directors may pass a resolution by way of the Board may be passed by circulation, if circulation provided the resolution has been circulated in draft, draft together with necessary papers, if any, to all the Directors, then in India Directors or outside India to all the members of the committee (not being less in number than the quorum fixed for a meeting of the Board meeting)or committee, and to all other Directors in accordance with this Agreement, as the case may be) at their usual address addresses in India, and has been approved by such of the Directors as are then in India, or by a majority of such of them, them as are entitled to vote on the resolution, subject to compliance with Section 6.11.1 where applicable.