Mention the practical aspects while drafting resolutions both for board and general meeting.

The following points should be kept in mind while drafting resolutions both for Board and General meeting: All essential facts are included in the resolutions. Surplus and meaningless words or phrases should not be included. Reference to documents approved at a meeting should be clearly identified. Resolutions must indicate the relevant provisions of the Act and the Rules. If a resolution is one which requires approval the Central Government or confirmation of NCLT/Court, this must be stated in the resolution. A resolution must indicate when it will be effective. A resolution must confine itself to one subject matter and two distinct matters should not be covered in one resolution. A resolution must be concise, precise and flexible enough to take care of eventuality. Lengthy resolutions should be divided into paragraphs and arranged in a logical manner. Anybody not present at the meeting will know clearly what decision was taken.