https://www.taxtmi.com/circulars?id=10733 Managements have sometimes omitted material facts in explanatory statements for resolutions (notably appointments of sole selling agents and their remuneration) or relied solely on inspection of documents at the registered office. The Department views that sending notices without sufficiently full disclosure does not conform to good company practice, and inspection rights cannot substitute for adequate explanatory disclosure, particularly for distant shareholders. en-us Thu, 17 Oct 1963 00:00:00 +0530 Thu, 16 Jun 2011 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10733 Managements have sometimes omitted material facts in explanatory statements for resolutions (notably appointments of sole selling agents and their remuneration) or relied solely on inspection of documents at the registered office. The Department views that sending notices without sufficiently full disclosure does not conform to good company practice, and inspection rights cannot substitute for adequate explanatory disclosure, particularly for distant shareholders. Circulars Companies Law Thu, 17 Oct 1963 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10733