Company ka “brain” uska Board of Directors hota hai, aur board meetings us dimaag ki regular functioning. Legally valid decisions ke liye basic cheezein zaroori hain: proper notice, quorum, agenda clarity, aur minutes.
Common mistakes:
- Short or defective notice,
- Important agenda “Any Other Item” me chhupa dena,
- Interested director ko voting allow kar dena,
- Minutes formally approve na karna, ya baad me edit karna.
Resolutions – chahe simple majority ho, special resolution ho, or circulation se pass ho – sab companies law aur articles ke mutabik hone chahiye. Bank, investors, regulators later yahi minutes aur resolutions dekh ke trust karte hain.
Disputes me courts mostly paper trail pe rely karte hain. Isliye board processes ko serious lena, secretarial standards follow karna, aur dissent ko honestly record karna long-term protection deta hai.