Board Resolutions

  Board Resolution for writing off Bad Debts   (adsbygoogle = window.adsbygoogle || []).push({}); This is to inform the board that there are number of Debtors/Creditors outstanding since very long for which our internal auditor in its quarterly reports advising to either settle the accounts with the respective parties or to write off from the … Read more

Draft Board Resolution for Appointment of Independent Director (adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 149 (4) of Companies Act 2013 read with rule 4 of Companies (Appointment of directors and their Qualification) Rules 2014, every listed public company, public companies having paid-up share capital of Rs.10.00 crore or more, public … Read more

Draft Board Resolution For Approval of Financial Statements (adsbygoogle = window.adsbygoogle || []).push({}); The Balance Sheet of the Company as on 31st March, 20__ and the Profit & Loss Account of the Company as on date were presented before the Audit committee on ___________ for their perusal and approval. The Audit committee gone through the … Read more

Draft Board Resolution to Take Note of Declaration of Independence (adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 149(7) of Companies Act, 2013 every independent director shall at the first meeting of the Board in which he participates as a director and thereafter in every financial year or whenever there is any … Read more

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 … Read more

Draft Board Resolution for Approval of AGM Notice (adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 96 of the Companies Act, 2013 every company shall in each year hold Annual General Meeting within a period of six months from the date of closing of the financial year. Therefore it is proposed to … Read more

Draft Board Resolution for Approval of Board’s Report (adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of the Companies Act, 2013 report of Board of Directors is to be attached with the Balance Sheet laid before the shareholders in the general meeting. Before circulation of Board’s Report along with the Annual Accounts of the … Read more

(adsbygoogle = window.adsbygoogle || []).push({}); Section 161(2) of the Companies Act, 2013 deals with the Appointment of Alternate Director. As per the provisions of section 161 (2) states that : The Board of Directors of a company may, if so authorised by its articles or by a resolution passed by the company in general meeting, appoint … Read more

(adsbygoogle = window.adsbygoogle || []).push({}); Section 161(3) of the Companies Act, 2013 deals with the Appointment of Nominee Director. As per the provisions of section 161 (3) states that “Subject to the articles of a company, the Board may appoint any person as a director nominated by any institution in pursuance of the provisions of … Read more