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Which statement about minutes of proceedings of a meeting of the Board of Directors under Section 118…

Board minutes must provide a fair and correct summary, record directors present and include appointments made. Rule 25 requires the chairman of that meeting or the next…

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Which statement about minutes of proceedings of a meeting of the Board of Directors under Section 118 of the Companies Act, 2013 and Rule 25 of the Companies (Management and Administration) Rules, 2014 is NOT correct?

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Correct answer C

Board minutes must provide a fair and correct summary, record directors present and include appointments made. Rule 25 requires the chairman of that meeting or the next succeeding meeting to sign the final page, rather than requiring every person concerned to sign.

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