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Board resolutions are valid for a period of 10 years
There are types of board resolution namely special resolution & ordinary resolution
Yes, shareholders having 5% of shares can propose a resolution but it is not agreed within 28 days then is not accepted.
» Register of members indicating separately for each class of equity and preference shares held by each member residing in or outside India;
» Register of debenture-holders; and
» Register of any other security holders.
Any such member, debenture-holder, other security holder or beneficial owner or any other person may ask. Fees are charged if they ask for a copy of the register.
Non-maintenance of such a register may attract the penalty on the Company and every Officer in Default of not less than ₹ 50,000/- which may extend up to ₹ 3 lacs. Also, a penalty of ₹ 1,000/- per day if the default continues.