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        Companies Law

        Section 122 - Applicability of this Chapter to One Person Company

        Companies Act, 2013
        Chapter VII
        MANAGEMENT AND ADMINISTRATION

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        One Person Company governance: sole-member and sole-director resolutions may be recorded in minutes and deemed meeting dates. A One Person Company is exempt from specified meeting provisions; decisions ordinarily requiring general or board meetings may be effected by entries in the minutes book signed and dated by the sole member or sole director, and such dates are deemed the meeting dates for all purposes under the Act.
                    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.

                        One Person Company governance: sole-member and sole-director resolutions may be recorded in minutes and deemed meeting dates.

                        A One Person Company is exempt from specified meeting provisions; decisions ordinarily requiring general or board meetings may be effected by entries in the minutes book signed and dated by the sole member or sole director, and such dates are deemed the meeting dates for all purposes under the Act.


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