Section 318 of The Companies Act No. 17 of 2015: Records as evidence of resolutions, etc

    

(1) This section applies to the records kept in accordance with section 317.
(2) The record of a resolution passed otherwise than at a general meeting, if purporting to be signed by a director of the company or by the company secretary, is evidence of the passing of the resolution.
(3) If a record of a written resolution of a private company exists, the requirements of this Act with respect to the passing of the resolution are presumed to be complied with unless the contrary is proved.
(4) The minutes of proceedings of a general meeting, if purporting to be signed by the person presiding at that meeting or by the person presiding at the next general meeting, are evidence of the proceedings at the meeting.
(5) If a record of proceedings of a general meeting of a company exists, then, until the contrary is proved—
(a) the meeting is presumed to have been duly held and convened;
(b) all proceedings at the meeting are presumed to have duly taken place; and
(c) all appointments at the meeting are presumed to be valid.


Disclaimer: This document is not to be taken as legal advise.

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