Section 301
Circulation of written resolutions proposed by directors
ActIn forceProvision 301 of 768
Section 301
(2)
A copy of the written resolution shall be accompanied by a statement informing a member as to—
(a)
the procedure for signifying agreement or otherwise to the resolution; and
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(b)
the date by which the resolution shall lapse if it is not passed.
(3)
Any person who contravenes this section commits an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit.
(4)
The validity of the resolution, if passed, is not affected by a failure to comply with this section.