https://www.taxtmi.com/caselaws?id=434792 Circular resolutions require draft circulation to every director and approval by the requisite board majority under the Companies Act, mandatory secretarial standards and the articles of association. Failure to circulate the draft resolution to a director is treated as a fundamental defect, rendering the resolutions void and invalid. Relief seeking continuation of an interim committee may become otiose where subsequent resignations, cessation of directors and the absence of an operating committee remove its practical utility. Contempt requires clear wilful disobedience; disapproved conduct need not result in punishment where later circumstances reduce the utility of the stayed resolutions. en-us Thu, 02 Mar 2023 00:00:00 +0530 Sat, 04 Mar 2023 06:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434792 Circular resolutions require draft circulation to every director and approval by the requisite board majority under the Companies Act, mandatory secretarial standards and the articles of association. Failure to circulate the draft resolution to a director is treated as a fundamental defect, rendering the resolutions void and invalid. Relief seeking continuation of an interim committee may become otiose where subsequent resignations, cessation of directors and the absence of an operating committee remove its practical utility. Contempt requires clear wilful disobedience; disapproved conduct need not result in punishment where later circumstances reduce the utility of the stayed resolutions. Case-Laws Companies Law Thu, 02 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434792