Draft Board Resolution For Recommendation of Dividend (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT a dividend @__% (Rate of dividend) per share on the Equity Share Capital of the company be recommended for the financial year ended 31st March,_____ .” “RESOLVED FURTHER THAT the consent of the shareholders of the company be obtained at the ensuring Annual General … Read more
Authority to call a Board Meeting (adsbygoogle = window.adsbygoogle || []).push({}); Any Director of a company may, at any time, summon a Meeting of the Board, and the Company Secretary or where there is no Company Secretary, any person authorised by the Board in this behalf, on the requisition of a Director, shall convene a … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 160(1) of the Companies Act, 2013 a person who is not a retiring director in terms of section 152 shall, subject to the provisions of this Act, be eligible for appointment to the office of a director at any general meeting, if he, or … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 62(1)(c) of Companies Act, 2013 where at any time, a company having a share capital proposes to increase its subscribed capital by the issue of further shares, such shares may be offered to any persons, if it is authorised by a special resolution, whether … Read more
As per the provisions of Section 186(2) of Companies Act, 2013 no company shall directly or indirectly — (adsbygoogle = window.adsbygoogle || []).push({}); (a) give any loan to any person or other body corporate; (b) give any guarantee or provide security in connection with a loan to any other body corporate or person; and (c) … Read more