Presumption of regularity in company minutes treats meetings and recorded appointments as duly called and valid. Where minutes of a general meeting, Board meeting, or committee meeting have been kept in accordance with the governing provisions, then, until the contrary is proved, the meeting shall be deemed to have been duly called and held and all proceedings thereat to have duly taken place; in particular, appointments of directors or liquidators made at the meeting shall be deemed valid.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Presumption of regularity in company minutes treats meetings and recorded appointments as duly called and valid.
Where minutes of a general meeting, Board meeting, or committee meeting have been kept in accordance with the governing provisions, then, until the contrary is proved, the meeting shall be deemed to have been duly called and held and all proceedings thereat to have duly taken place; in particular, appointments of directors or liquidators made at the meeting shall be deemed valid.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
