Draft Board Resolution
for Disclosure of Interest by Directors
(adsbygoogle = window.adsbygoogle || []).push({});
As per the provisions of section 184 of Companies Act, 2013 all the
directors required to give the notice of their concern or interest in any other
company or companies or bodies corporate, firms or other association of
individuals and/or in a contract or arrangement or proposed contract or
arrangement entered into or to be entered with a body corporate or firm in
which such director is directly or indirectly, concerned or interested.
directors required to give the notice of their concern or interest in any other
company or companies or bodies corporate, firms or other association of
individuals and/or in a contract or arrangement or proposed contract or
arrangement entered into or to be entered with a body corporate or firm in
which such director is directly or indirectly, concerned or interested.
Notice of interest received from directors are required to be placed in
the board meeting for taking note. Accordingly the notice of interest received
from directors in the prescribed Form MBP – 1, are being placed before the board
at Annexure – A for taking note.
the board meeting for taking note. Accordingly the notice of interest received
from directors in the prescribed Form MBP – 1, are being placed before the board
at Annexure – A for taking note.
Hence if
approved following resolution may be passed:-
approved following resolution may be passed:-
“RESOLVED
THAT pursuant to the provisions of Section 184 (1) of the Companies
Act 2013, read with rule 9 (1) of the Companies (Meetings of Board and its
Powers) Rules, 2014, the disclosure of interest received from the Directors of
the Company as placed before the Board at Annexure – A, be and is hereby
taken on record.
THAT pursuant to the provisions of Section 184 (1) of the Companies
Act 2013, read with rule 9 (1) of the Companies (Meetings of Board and its
Powers) Rules, 2014, the disclosure of interest received from the Directors of
the Company as placed before the Board at Annexure – A, be and is hereby
taken on record.
FURTHER RESOLVED THAT _____________ be and is hereby authorized to take all
necessary actions to implement the board decision”.
necessary actions to implement the board decision”.
Related Post :