Though not adequately and precisely defined in the Company Act, 1956, Minutes, are inherent and indispensable for a productive, relevant, and successful Board meeting. The minutes are nothing but the lawful precisely written records of place, date, activities, decisions, transactions, voting on resolutions, etc. connected with or occurred during the board meetings. Minutes can be classified according to the type of meetings, and are named as minutes of Board meeting, minutes of meetings of committee of the Board, or minutes of general meetings.
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