Draft Board Resolution for Increase In Remuneration of Managing Director (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT pursuant to the provisions of Sections 197 and other applicable provisions, if any, of the Companies Act, 2013 (“Act”) read with Schedule V to the Act and the Rules made thereunder, including any statutory modification thereof, or any … Read more
Draft Board Resolution for appointment of Whole Time Director (adsbygoogle = window.adsbygoogle || []).push({}); RESOLVED THAT pursuant to Sections 196, 203 and other applicable provisions of Companies Act, 2013 (including corresponding provisions, if any of the Companies Act, 1956) and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, approval of the Board be … Read more
Draft Board Resolution for Amalgamation of Companies (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT pursuant to the provisions of section 230 and subject to the approval of the members/creditors and approval by the Hon’ble Tribunal, Bench at _______, the Scheme of Amalgamation in terms of the draft produced at the meeting duly initialled by the … Read more
As per the provisions of Section 304(1)(b) of the Companies Act, 2013a company may be wound up voluntarily if the company passes a special resolution that the company be wound up voluntarily. (adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 305(1) of the Companies Act, 2013 Where it is proposed to wind … Read more
Board Resolution to Take Note of Vacation of Office Due to Not Attending Board Meetings (adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 167(1)(b) of the Companies Act, 2013 the office of a director shall become vacant in case he absents himself from all the meetings of the Board of Directors held … Read more
Draft Board Resolution for Printing of Share Certificates (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT design of the equity share certificate as submitted to this meeting and initialed by the chairman for the purpose of identification, be and is hereby approved and that the blocks, engravings, facsimiles and hues relating to the same be kept … Read more
The following class of companies shall appoint at least one woman director (i) every listed company; (ii) every other public company having – (a) paid–up share capital of one hundred crore rupees or more; or (b) turnover of three hundred crore rupees or more Draft Board Resolution for Appointment of Women Director (adsbygoogle = window.adsbygoogle … Read more
As per the provisions of Section 188(1) of the Companies Act, 2013 Except with the consent of the Board of Directors given by a resolution at a meeting of the Board and subject to such conditions as may be prescribed, no company shall enter into any contract or arrangement with a related party with respect … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 204(1) of Companies Act, 2013 (1) Every listed company or (2) Every public company having a paid-up share capital of fifty crore rupees or more; or (3) Every public company having a turnover of two hundred fifty crore rupees or more shall annex with its Board’s … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Companies Act, 2013 approval of shareholders is required by way of Special Resolution for change of name and before that approval of the Board is also required. After that, an application shall be filed in Form No.INC.24 along with the fee for a change in … Read more