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    <title>Circulation of members’ resolution.</title>
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    <description>On a valid written requisition by members, a company must give notice of intended resolutions and circulate related statements if the requisition is signed, deposited at the registered office within the prescribed advance periods and accompanied by funds to meet expenses; a qualifying proviso covers annual general meetings called within the longer period. The Central Government may order non-circulation where rights are abused for defamatory publicity and may require requisitionists to pay costs. Non-compliance by the company or its officers attracts a monetary penalty.</description>
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    <pubDate>Tue, 20 Dec 2011 15:44:18 +0530</pubDate>
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      <description>On a valid written requisition by members, a company must give notice of intended resolutions and circulate related statements if the requisition is signed, deposited at the registered office within the prescribed advance periods and accompanied by funds to meet expenses; a qualifying proviso covers annual general meetings called within the longer period. The Central Government may order non-circulation where rights are abused for defamatory publicity and may require requisitionists to pay costs. Non-compliance by the company or its officers attracts a monetary penalty.</description>
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