Chamber of Prakash K. Pandya

Section 116 Resolutions passed at adjourned meeting.

CHAPTER VII
MANAGEMENT AND ADMINISTRATION

[Section 116 is brought to force with effect from September 12, 2013.]

Resolutions passed at adjourned meeting.

Section 116. Where a resolution is passed at an adjourned meeting of—

(a) a company; or

(b) the holders of any class of shares in a company; or

(c) the Board of Directors of a company,

the resolution shall, for all purposes, be treated as having been passed on the date on which it was in fact passed, and shall not be deemed to have been passed on any earlier date.

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