{"id":11275,"date":"2020-06-23T13:46:52","date_gmt":"2020-06-23T08:16:52","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=11275"},"modified":"2022-11-16T15:36:51","modified_gmt":"2022-11-16T10:06:51","slug":"resolutions-passed-at-an-adjourned-meeting","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/","title":{"rendered":"Resolutions Passed at an Adjourned Meeting &#8211; A Complete Overview"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Resolutions passed at an adjourned meeting is a provision mentioned under section 116 of Company act 2013 states that where a decision is approved at an adjourned meeting of a company or shareholders; the resolution shall be deemed as passed. .<\/p>\n\n\n\n<p>There are still many people out there who seek a brief explanation in the context of Resolutions passed at an adjourned meeting. If you are one of them, then the following sections will get you covered. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#Example_to_understand_the_concept\" >Example to understand\nthe concept<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#What_is_the_General_Meeting_in_the_context_of_a_limited_company\" >What is the General Meeting in the context of a limited company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#Providing_notice_in_a_newspaper_for_a_general_meeting\" >Providing notice in a newspaper for a general\nmeeting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#What_is_a_Limited_Company_Board_Meeting\" >What is a Limited Company Board Meeting?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#First_Board_Meeting_of_directors\" >First Board Meeting of directors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#Taking_Minutes_of_Meetings\" >Taking Minutes of Meetings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#What_are_the_resolutions\" >What are\nthe resolutions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#What_are_the_types_of_resolutions\" >What are the types of resolutions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#What_decisions_seek_ordinary_resolution\" >What decisions seek ordinary resolution?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#What_is_a_special_resolution\" >What is a\nspecial resolution?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#How_to_pass_a_special_resolution\" >How to pass a special resolution?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/corpbiz.io\/learning\/resolutions-passed-at-an-adjourned-meeting\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Example_to_understand_the_concept\"><\/span>Example to understand\nthe concept<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>Let&#8217;s have\na look at the example to understand the concept of this provision i: e\nResolutions passed at adjourned meeting.&nbsp;\n<\/em><\/strong><strong><em><\/em><\/strong><\/p>\n\n\n\n<p>The annual meeting of \u2018x\u2019 company was due to be held on 23 March 2019. But due to the surging demand of quorum, the meeting was adjourned to a next date i.e., 1 April 2019, and the two proposed resolutions were approved on that date. Now according to the <strong>Companies Act 2013<\/strong><sup><a class=\"text-primary\" href=\"https:\/\/www.mca.gov.in\/content\/mca\/global\/en\/acts-rules\/companies-act\/companies-act-2013.html\"><strong>[1]<\/strong><\/a><\/sup>, section 116, these resolutions cannot be tagged as the unapproved entities. Instead, they will be deemed as passed resolution, which was approved on the original date of the meeting. i.e., 1 April 2019, not earlier.<\/p>\n\n\n\n<p>Hopefully, the concept of Resolutions passed at an adjourned meeting is now clear to you.  If you are running a company after successful <a href=\"https:\/\/corpbiz.io\/company-registration\"><strong>company registration<\/strong><\/a>, then you may have come across hundreds of <a href=\"https:\/\/corpbiz.io\/learning\/board-meeting-quorum-notice-and-requirements\/\"><strong>board meetings<\/strong><\/a> in the past where important proposals turn into action under the guidance members and directors. Under those circumstances, a specific set of guidelines and procedures must be followed to ensure 100% compliance with the company law.&nbsp;<\/p>\n\n\n\n<p>Any resolutions that were passed in the board meeting must be recorded appropriately. In addition to that, directors, in particular, have to address specific matters to companies House. If you are the shareholder and sole Director of your enterprise, you still need to organize meetings in some cases. Yes, you might find yourself alone at the meeting. It seems eccentric, but it is merely a corporate compliance regulation that needs to follow without exception.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Analysis of the Example<\/h3>\n\n\n\n<p>In this\ntesting time, when the world is looking to escape from the COVID 19 pandemic,\norganizations across India finding it hard to conduct crucial meetings despite\nunprecedented internet speed and vast network coverage.&nbsp;In this context of\nthe virtual meetings, although section 360A Companies Act 2006 supports remote\nparticipation, in the past, commentators deny the authentication of such\nmeetings and tagged them invalid.&nbsp;<\/p>\n\n\n\n<p>However,\nour projection differs from this situation. We strongly believe that in this\ntesting time, the court might take measures in regards to the board meetings and\nmay revise provision 6. This will probably solve the issue of the companies who\nare failing to organize quorum at this point in time.&nbsp;<\/p>\n\n\n\n<p>If electronic means become a suitable platform for a quorum, then it will easy for the shareholders to interact with fellow members in a quick way. Although online interaction might not feel intuitive in the first place, for the time being, it is the best alternative to the physical gathering.&nbsp; The technology should be versatile enough to run on any given platforms shareholders may use (such as computers, tablets, or phones). In such cases, the meeting notice should explain to every shareholder and guide them on how to attend, speak, and vote at the meeting. Also, a briefing is also essential in regard to software download and troubleshooting the normal error.&nbsp; <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_General_Meeting_in_the_context_of_a_limited_company\"><\/span>What is the General Meeting in the context of a limited company?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Any formal\nmeeting that seeks the presence of shareholders is known as a General meeting.\nThe direction of these meetings is controlled by the Companies Act 2006,\nshareholders&#8217; agreement, and the articles of association.&nbsp;<\/p>\n\n\n\n<p>Typically,\nthe general meetings are organized to discuss crucial company matters with the\nshareholder. Here are some typical issues that bound to be addressed in\nAGM.&nbsp;<\/p>\n\n\n\n<ul><li>Hiring and termination of a director.<\/li><li>Changing the power or conduct of the directors.<\/li><li>Amendment of some crucial changes in the articles of association.<\/li><li>Shareholders&#8217; agreement seeks alternatives for the benefit of the company.&nbsp;<\/li><li>Company monetary status and finances.<\/li><li><a href=\"https:\/\/corpbiz.io\/change-in-name-clause\"><strong>Changing the company&#8217;s name<\/strong><\/a>.&nbsp;<\/li><li>Significant alteration in the structure of the company.<\/li><li>The objectives of the business seek feasible changes.<\/li><li>Issuing of the company&#8217;s shares in more numbers.&nbsp;<\/li><li>Approval for share transfers.<\/li><li>Creating a new classification of share.&nbsp;<\/li><li>Wrapping up the company&#8217;s operation.&nbsp;<\/li><li>Legal proceedings and claims. <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Providing_notice_in_a_newspaper_for_a_general_meeting\"><\/span>Providing notice in a newspaper for a general\nmeeting<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The\ncompany must inform its shareholder in advance concerning the date of the\ngeneral meeting. To do so, the company has to forward a notice to its\nshareholder at least 14 days before the meeting. The notice must render the\nfollowing pieces of information to the shareholders.&nbsp;<\/p>\n\n\n\n<ul><li>Date, time, and the location where the meeting will be held.&nbsp;<\/li><li>Scope and purpose of the general meeting.<\/li><li>Classification of the general meeting.<\/li><li>A statement is exhibiting that the shareholder is entitled to appoint a proxy.<\/li><li>The date on the notice is issued.<\/li><li>Name of the official who is inviting the meeting.<\/li><\/ul>\n\n\n\n<p>In some\nsituations, the company members may render their approval to notice shorter\nthan the legal minimum. Any decision at a general meeting that seeks the\napproval of shareholders requires &#8216;passing a resolution.&#8217; These decisions are\npart of the legal framework that cannot be overlooked by the casual approach.<\/p>\n\n\n\n<p>The period\nof 15 days is permitted to file the copies of resolutions with companies\u2019\nhouse. The copies of resolutions must be under the possession of the company&#8217;s\nregistered office.&nbsp;<\/p>\n\n\n\n<p>To authenticate the existence of the meeting, one must maintain the minutes in which all the proceedings recorded. The minutes usually contain the essential info, such as the detail of the members attending the meeting, and the list of decisions made.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/resolution-requiring-special-notice\/\">Resolution Requiring Special Notice \u2013 A Deep Insight\n<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_Limited_Company_Board_Meeting\"><\/span>What is a Limited Company Board Meeting?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A board meeting is an official gathering of the directors that represent the limited company. These individuals are the in-charges who are responsible for the wellbeing of the company. They typically manage all the operations of the limited company on behalf of its guarantors or shareholders.&nbsp;<\/p>\n\n\n\n<p>Board\nmeetings typically took place when directors need to make some vital decisions,\nscrutinize financial status, or present some crucial proposals to the\nshareholders.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"First_Board_Meeting_of_directors\"><\/span>First Board Meeting of directors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The nature\nof meetings serves the following purposes.<\/p>\n\n\n\n<ul><li>Imperative consultation on articles of association.<\/li><li>Determining the roles and responsibilities of each Director.<\/li><li>Authenticating the objectives, values, and vision of the company.<\/li><li>Allotment of the shares.<\/li><li>Issue share certificates.<\/li><li>Appointing the chairperson of the board.<\/li><li>Appointment of the company&#8217;s secretary.<\/li><li>Determining the roles and responsibilities of the company secretary.<\/li><li>Confirming the reference date of the company&#8217;s accounting.<\/li><li>Confirming deadlines for annual accounts, <a href=\"https:\/\/corpbiz.io\/income-tax-return-filing\"><strong>tax returns<\/strong><\/a>, and yearly confirmation statements.<\/li><li>Setting up bank accounts of a business.&nbsp;<\/li><li>Book-keeping and accounting requirements.<\/li><li>Appointing the chief auditor.<\/li><li>Discussion regarding the appointment of staff.<\/li><\/ul>\n\n\n\n<p>Director is the one who is responsible for documenting the proceedings of board meetings by taking minutes.&nbsp; <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Taking_Minutes_of_Meetings\"><\/span>Taking Minutes of Meetings<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Minute is nothing but substantial evidence that authenticates everything that happened in the board meeting. It is a record of the actions that were taken at the <a href=\"https:\/\/corpbiz.io\/learning\/minutes-of-meeting-crucial-for-the-organisations-success\/\"><strong>minutes of meeting<\/strong><\/a>, including voting, decision making, and even disagreement of the members on a particular resolution. In short, Minutes is an extremely crucial document that contains the following information.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"576\" height=\"359\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/06\/image-145.png\" alt=\"minutes of meetings\" class=\"wp-image-11277\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/06\/image-145.png 576w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/06\/image-145-300x187.png 300w\" sizes=\"(max-width: 576px) 100vw, 576px\" \/><\/figure><\/div>\n\n\n\n<p>Limited companies are bound to keep the copies of all minutes in an immaculate condition at their registered office for the time span of 10 years. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_resolutions\"><\/span>What are\nthe resolutions?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A\nresolution is a strategic business decision that comes under a legal framework\nand is made by the Director or shareholders of the limited company. Whenever a\nproposed resolution gets more than 50% of the member&#8217;s votes, it\u2019s deemed to be\na &#8220;passed&#8221; resolution. Shareholders got all the authority at their\ndisposal to pass any sort of judgment on a given day. The collective decision\nof directors simply refers to as &#8216;resolution.&#8217; These decisions are bound to be\nmade at AGM or in writing.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_types_of_resolutions\"><\/span>What are the types of resolutions?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The\nlimited company shareholders typically encounter three types of resolutions,\nsuch as:<\/p>\n\n\n\n<p><strong>Ordinary resolutions \u2013<\/strong> Ordinary resolution radically addresses the company&#8217;s general matters and passed by the majority of the shareholders.&nbsp;<\/p>\n\n\n\n<p><strong>Special resolutions \u2013<\/strong> As the name suggests, the special resolution needs a special treatment to come into the action. Unlike an ordinary resolution, special resolutions passed by a minimum of 75% of the shareholder&#8217;s vote. Special resolutions generally come into action whenever a company seeks resolution for extraordinary matters.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_decisions_seek_ordinary_resolution\"><\/span>What decisions seek ordinary resolution?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Whenever the vote count of the members exceeds the 50% mark, the ordinary resolution shall be deemed as passed. These types of resolutions are quite potent to deal with day to day matters such as:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"660\" height=\"407\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/06\/image-146.png\" alt=\"types of resolutions \" class=\"wp-image-11278\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/06\/image-146.png 660w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/06\/image-146-300x185.png 300w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/figure><\/div>\n\n\n\n<p>Director\nis one who leads from the front and exercises power granted by the shareholders\nto control the day to day operation of the company. Director&#8217;s right, roles\n&amp; responsibilities are duly mentioned in the shareholder agreement and\narticles of association.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_special_resolution\"><\/span>What is a\nspecial resolution?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A special resolution is a strategic proposal that seeks the consent of at least 75% of shareholder votes. The special resolution is radically reserve for significant matters, such as:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"582\" height=\"336\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/06\/image-147.png\" alt=\"special resolution\" class=\"wp-image-11279\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/06\/image-147.png 582w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/06\/image-147-300x173.png 300w\" sizes=\"(max-width: 582px) 100vw, 582px\" \/><\/figure><\/div>\n\n\n\n<p><strong>Detailed matters\nare as follows:-<\/strong><\/p>\n\n\n\n<ul><li>Changing the brand name of the\ncompany.<\/li><li>Significant reduction in the share\ncapital.<\/li><li>Allotting more number of shares.<\/li><li>Issuing different share classes.<\/li><li>Considerable changes in the articles\nof association.<\/li><li>Discarding pre-emption rights.<\/li><li>Re-registration of the company.<\/li><li>Changing a public company to a\nprivate company, or vice versa.<\/li><li>Winding up a company&#8217;s operation by\nmembers&#8217; voluntary liquidation.<\/li><\/ul>\n\n\n\n<p>The Companies Act 2006 stipulates the decision classification requiring a special resolution. Where the resolution type not specified, shareholders might approve ordinary resolution with majority of over 50% of the votes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_pass_a_special_resolution\"><\/span>How to pass a special resolution?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To approve\nthe special resolution, the company must intimate its shareholders via 14 days&#8217;\nnotice. Remember, the notice should clarify the purpose of the meeting and its\nintention. If the general meeting comes into the action, voting will be done by\na show of hands or utilizing a poll.&nbsp;<\/p>\n\n\n\n<p>On the\ncontrary, these decisions could be approved via written resolution. If 75% of\nthe shareholders cast their vote in favor of a proposed resolution, the\ndecision shall be deemed as legal as per Companies Act 2006.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The delivery of the special resolution must be done within 15 days of being passed via post to companies\u2019 house. The copy of the same ought to be given to all relevant members and auditors. Moreover, a company also needs to possess one of the copies of resolutions and keep at its registered office address for at least ten years.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Resolutions are the proposal that needs to be addressed in the board meeting and must be passed under the command of the shareholders and Director. Coming to the topic, Resolutions passed at an adjourned meeting simply means that once the decision is taken at the meeting, which eventually ends up adjourned, shall be deemed as passed. It worth noting that this provision is outlined in section 116 of Company Act 2013. If you still have some room for complaint about this very topic i:e Resolutions passed at an adjourned meeting, please let us know by dropping your precious insights in the comment below.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/quorum-for-board-meeting-in-regards-to-companies-act-2013\/\">\nWhat is Quorum For Board Meeting in Regards to Companies Act, 2013?\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Resolutions passed at an adjourned meeting is a provision mentioned under section 116 of Company act 2013 states that where a decision is approved at an adjourned meeting of a company or shareholders; the resolution shall be deemed as passed. . There are still many people out there who seek a brief explanation in the [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":11295,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[120],"tags":[689],"acf":{"service_id":"321"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":11208,"readingTime":7,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/11275"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=11275"}],"version-history":[{"count":23,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/11275\/revisions"}],"predecessor-version":[{"id":50771,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/11275\/revisions\/50771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/11295"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=11275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=11275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=11275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}