Pasting prohibition for minutes bars pasted records; chemical impression entries allowed with chairman's original signature on every page.
Minutes of general and board meetings cannot be typewritten and pasted into a bound minutes book or onto loose leaves because pasting is statutorily prohibited. Entry of minutes by a chemical or mechanical impression process that does not amount to attachment is permissible, provided each mechanically impressed page is authenticated by the original signature of the chairman.

Winding up commencement deemed to start from petition presentation when an order is made, otherwise petition date is irrelevant.
Winding up is deemed to commence from the date of presentation of the petition only if and when a winding up order is made; if the petition is dismissed the presentation date has no relevance. Until the court issues a winding up order the company must continue to comply with obligations applicable to a company not in winding up, because actual winding up begins only after the order though the order operates retrospectively to the petition date.

Approval requirement for loans by exempt companies does not apply to continuation of instruments after exemption ceases.
Loans, guarantees and securities made, given or provided by companies while exempt under the provisions remain outside the approval requirement when the exemption later ceases; therefore approval under the cited provisions is not required for the continuance of those existing instruments after cessation of the exemption.

Exemption status for company liabilities: no approval required to continue loans, guarantees or securities after exemption ends.
The Department advised that transactions (loans, guarantees or securities) made or provided by companies while exempt under section 370(2) remain outside the operative scope of section 370 after the exemption ceases, and therefore Company Law Board approval is not required to continue such instruments.

Intercorporate investment restrictions do not apply to investments made by exempt companies even after exemption ends.
Intercorporate investments made by companies while exempt remain outside the post exemption statutory restrictions and therefore do not require compliance with those restrictions after the exemption ceases, confirming that outstanding investments after cessation of exempt status are not subject to the operative limitations or compliance obligations of the provision.

Apprehension of violence does not create a class-based exemption from meeting obligations under statutory meeting provisions.
The administrative view holds that companies apprehending violence do not form a class of companies for exemption under the proviso to sub section (2) of section 166 because sporadic difficulties affecting some firms in a city, without objective criteria distinguishing them from unaffected firms, do not justify treating the entire city as a disturbed area or granting blanket exemption from meeting obligations.