Companies Act, 1956
Sec 195 -
Presumptions to be drawn where minutes duly drawn and signed.
Where minutes of proceedings of any general meeting of the
company or of any meeting of its Board of directors or of a committee of the
Board have been kept in accordance with the provisions of section 193, then,
until the contrary is proved, the meeting shall be deemed to have been duly
called and held, and all proceedings thereat to have duly taken place, and in
particular, all appointments of directors or liquidators made at the meeting
shall be deemed to be valid.