Board Resolutions

(adsbygoogle = window.adsbygoogle || []).push({}); The Chairman of the Board, generally, takes the chair. If there is no Chairman of the Board or he is absent a director is elected as the Chairman of the meeting. Where there is no regular Chairman, Chairman may be elected at and for each meeting. In the absence of … Read more

Board Resolution for Opening Bank Account (adsbygoogle = window.adsbygoogle || []).push({}); If a company wants to open a current bank account it has to take the approval of its board by way of passing board resolution in this regard. The different banks have their own format of application for making a request for the opening … Read more

Draft Board Resolution For GST Registration (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT the Board do hereby appoint Shri …………….. of the company as Authorised Signatory for enrolment of the Company on the Goods and Service Tax (GST) System Portal and to sign and submit various document electronically and/or physically and to make applications, communications, … Read more

Board Resolution for Convening AGM “RESOLVED THAT the __th Annual General Meeting of the Members of the company be held on ………….., the ……..day of September, 201_ at ……. at the registered office of the company.” (adsbygoogle = window.adsbygoogle || []).push({}); “FURTHER RESOLVED THAT the Notice of the ___th Annual General Meeting of the Members of the company, as … Read more

Board Resolution for Convening EGM “RESOLVED THAT the __th Extraordinary General Meeting of the Members of the company be held on ………….., the ……..day of September, 201_ at ……. at the registered office of the company.” (adsbygoogle = window.adsbygoogle || []).push({}); “FURTHER RESOLVED THAT the Notice of the ___th Extraordinary General Meeting of the Members of the Company, as … Read more

Board Resolution for Sale of Forfeited Shares “RESOLVED THAT out of the total _________ Equity Shares forfeited by the Board, _______ Equity Shares be and is hereby re-issued to the following persons: Name of Shareholders         No. of Shares Re-issued          Amount Received “RESOLVED FURTHER THAT necessary entries in the Register of  Members of the … Read more

Board Resolution For Call on Shares (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT the first call of Rs……….. per share be made on the holders of ……….. partly paid equity shares of Rs…………. each payable on or before the ………… or such other extended date as may be decided by the Board to the Company’s … Read more

Board Resolution for Exercise of Lien on Shares (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT pursuant to article ………….. of the Articles of Association of the Company, the right of lien on ……………. equity shares held by …………… shareholders as per list tabled before the Board be exercised by the Company in view of the … Read more