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Answer Posted / r.srinivas
Permanent formal and detailed (although not verbatim)
record of business transacted and resolution adopted, at a
firm’s official meetings such as board of directors ,
manager’s and annual general meeting (AGM).one written up
(or typed) in a minute book and approved at the next
meeting the minutes are accepted as a true representation
of the proceedings they record and can be used as prima
facie evidence in legal matters.
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