Decisions at a Board /Committee Meeting of the Company, are taken in the form of Resolutions.

These resolutions may be of the following type(s):

Unanimous Resolution-all the persons present and eligible to vote have voted ‘for’ the motion.

Ordinary Resolution- the votes required for such a resolution to pass should be 50% +1 vote for the votes cast against it, by the persons present and eligible to vote.

Special Resolution- the votes required for such a resolution to pass should be three times the votes cast against it, by the persons present and eligible to vote.

Special Resolutions are required only in a General Meeting.

Business of a Board/Committee can also be transacted by Circulation, unless a Meeting of the Board has been specified in the Section pursuant to which the resolution has been proposed.