Board Resolution For Approval of Preliminary Expenses (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT the following Preliminary Expenses and other Legal expenditures amounting to Rs. _____ incurred by the promoters of the company in connection with incorporation of the company as per the following statement tabled before the meeting and initialed by the Chairman for … Read more
Board Resolution For Reimbursement of Expenses “RESOLVED THAT expenses as incurred by Shri _________ Director of the company as shown in the statement tabled before the board containing the details of expenses incurred by the director and duly initialed by the Chairperson for the purpose of identification be and is hereby approved and be reimbursed … Read more
Board Resolution For Dematerialisation of Shares (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT the Company do enter into agreement with the National Securities Depository Limited (NSDL) and Central Depository Services Ltd. (CDSL) for dematerialisation of all existing securities of the company and that the draft agreement for the purpose as per bye-laws of the said … Read more
Board Resolution For Revaluation of Assets “RESOLVED THAT the undernoted assets be revalued as indicated below and the total appreciation resulting thereby be credited to Capital Reserve Account: Description of Assets Book Value of Assets Revised Value Appreciation in Value “FURTHER RESOLVED THAT ___________ be and is hereby authorized to make necessary entries in the … Read more
Board Resolution For Opening Demat Account (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT the consent of the Board of Directors of the Company be and is hereby granted to open and operate a Demat Account in the name of the Company with __________ and Shri _______ and/or Shri ______ of the Company be and is … Read more
Board Resolution For Approval of Annual Budget (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT the annual budget of the company for the year ____ as submitted by the Chief Financial officer (Annexure – I) be and is hereby approved and shall be allocated.” “RESOLVED FURTHER THAT a report on the performance of the Company containing … Read more
Board Resolution to Take Keyman Insurance Policy (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT the Company do take Keyman Insurance Cover in the year __ in respect of Mr/Ms ____________ (Designation)________________of this Company under ______________Plan, for Rs. __________ with all profits, bonuses (wherever applicable) and other benefits on the said policy to accrue to the … Read more
Board Resolution Format For Internet Banking (adsbygoogle = window.adsbygoogle || []).push({}); For availing of the internet banking facility by any company approval of the board of directors of the company is required to be taken. This approval may be obtained by way of a resolution passed at the board meeting and even through circular resolution. … Read more
Board Resolution For Entering Into Agreement (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT the Consent of the Board be and is hereby accorded for the execution and signing of the (Name of the Agreement) to be entered into between the Company and (Name of the Company with which the agreement entered), the draft of which is placed at Annexure- … Read more
