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Precis Writing Solved Exercise for Class 10, Class 12 and Graduation Classes, Competitive Exams, Solved Precis 15

Precis No. 15

 

Minutes may be defined as the written records of the business transacted and the decision arrived at a meeting of the directors or shareholders of a company. The object of writing minutes is to preserve in a concise and clear manner a correct record of the decision taken at a meeting on questions brought before it for consideration. The minutes of a meeting when signed by the Chairman become the permanent official record of the company. Great care should, therefore, be taken to see that they are full, true and accurate record of the proceedings. It is essential that just, enough information should be contained in the minutes to enable any intelligent person to form a correct idea of the precise nature of the business transacted at the meeting and the decision arrived at in respect of the same. However, they should not be brief at the cost of lucidity.

Solved Precis 

Title : Recording of Minutes

Precis : Minutes are the written records of the decisions arrived at a meeting of director’s or shareholders of a company. The object of writing the minutes is to preserve a correct and concise record of the decisions. The minutes become the permanent official record of the company when the Chairman signs it.

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