In case of urgency, when a particular decision can not wait till the Board meets, the decision may be carried out by a circular resolution amongst all its members and any resolution so approved by all the members duly signed shall be considered as effective and binding, as if such resolution had been passed at a meeting of the Board. (Refer to official Gazette citation or statutory record for rajasthan-state-cooperative-socities-act-2001 Section 32).
Chapter — Sections
Section 32
In case of urgency, when a particular decision can not wait till the Board meets, the decision may be carried out by a circular resolution amongst all its members and any resolution so approved by all the members duly signed shall be considered as effective and binding, as if such resolution had been passed at a meeting of the Board
Printed from Law on Tips • Rajasthan State Cooperative Socities Act 2001