Draft Board Resolution For Incorporation
of Wholly Owned Subsidiary
(adsbygoogle = window.adsbygoogle || []).push({});
“RESOLVED THAT pursuant to the
provisions of section 2(87) and other applicable provisions, if any, of the
Companies Act, 2013 (Act) and rules made thereunder (including any statutory
modification(s) or re-enactment thereof for the time being in force)subject to
the memorandum and article of association of the company, the consent of the
board be and is hereby accorded to form a subsidiary (wholly owned subsidiary)
of ___________________ (name of the company) in ___________(Name of the place)
and the details of the same is as under :-
provisions of section 2(87) and other applicable provisions, if any, of the
Companies Act, 2013 (Act) and rules made thereunder (including any statutory
modification(s) or re-enactment thereof for the time being in force)subject to
the memorandum and article of association of the company, the consent of the
board be and is hereby accorded to form a subsidiary (wholly owned subsidiary)
of ___________________ (name of the company) in ___________(Name of the place)
and the details of the same is as under :-
1. The proposed name and style will be __________ or __________ whichever is
available;
available;
2. Incorporated with an authorized capital of Rs. ___________/- divided into
________ equity shares of Rs. ______/- each; and
________ equity shares of Rs. ______/- each; and
3. Having the objects following objects _____________
4. The Articles of Association of the subsidiary to be incorporated shall be
in line with those of the company.
in line with those of the company.
“FURTHER
RESOLVED THAT for the purpose of giving effect to this
resolution, Shri ………………….. of the Company be and is hereby authorised, on
behalf of the Company, to do all acts, deeds, matters and things as deem
necessary, proper or desirable and to sign and execute all necessary documents,
applications and returns for the purpose of giving effect to the aforesaid
resolution along with filing of necessary E-form with the Registrar of
Companies.”
RESOLVED THAT for the purpose of giving effect to this
resolution, Shri ………………….. of the Company be and is hereby authorised, on
behalf of the Company, to do all acts, deeds, matters and things as deem
necessary, proper or desirable and to sign and execute all necessary documents,
applications and returns for the purpose of giving effect to the aforesaid
resolution along with filing of necessary E-form with the Registrar of
Companies.”
Related Post :