Powers Which Can be Exercised In Board Meeting only As per the provisions of Section 179(3) of the Companies Act, 2013 the Board of Directors of a company shall exercise the following powers on behalf of the company by means of resolutions passed at meetings of the Board, namely:— (adsbygoogle = window.adsbygoogle || []).push({}); (a) … 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
Draft Resolution for Conversion of Loan Into Equity (adsbygoogle = window.adsbygoogle || []).push({}); RESOLVED THAT Pursuant to section 62 and other applicable provisions of the Companies Act, 2013 consent of the Company be and is hereby accorded to the issue and allotment of ….. equity shares of Rs.10 each to …….., at a premium of … 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
Special Resolution for Related Party Transaction (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT pursuant to the provisions of Section 188 and all other applicable provisions if any, of the Companies Act, 2013 (the Act) read with the Companies (Meetings of Board and its Powers) Rules, 2014 and subject to such approvals, consents, sanctions and permissions … Read more