Resolved That pursuant to provisions of Section 179(3)(e) and any other applicable provisions of Companies Act, 2013 read with Rules thereunder (including any statutory modifications or re-enactment thereof, for the time being in force) and subject to the limits envisaged under Section 186 read with Rule 11& 13 of the Companies (Meetings of Board and its …

Draft Board Resolution for Execution of Share Purchase Agreement Read More »

Resolved That pursuant to provisions of Section 179(3)(d) and any other applicable provisions of Companies Act, 2013 read with Rules thereunder (including any statutory modifications or re-enactment thereof, for the time being in force), the consent of the Board of Directors of the Company be and is hereby accorded to avail <secured/unsecured> loan from _____ [Name and …

Draft Board Resolution to Authorise Board to borrow money Read More »

Resolved That pursuant to Section 179(3)(d) read with the proviso of Rule 2(1)(c)(viii) of Companies (Acceptance of Deposits) Rules, 2014 and any other applicable provisions of Companies Act, 2013 read with Rules thereunder (including any statutory modifications or re-enactment thereof, for the time being in force), the consent of the Board be and is hereby accorded …

Draft Board Resolution for loan from Director Read More »

Resolved That pursuant to Section 169 read with Section 115 of the Companies Act, 2013 and Rule 23 of the Companies (Management and Administration) Rules, 2014 and any other applicable provisions of Companies Act, 2013 read with Rules thereunder (including any statutory modifications or re-enactment thereof, for the time being in force), _____ [Name of the …

Draft Special Resolution for removal of Director Read More »

Resolved That pursuant to the Section 115 of the Companies Act, 2013 read with Rule 23 of the Companies (Management and Administration) Rules, 2014 and any other applicable provisions of Companies Act, 2013 read with Rules thereunder (including any statutory modifications or re-enactment thereof, for the time being in force), as per the special notice received from …

Draft Board Resolution for removal of Director Read More »

Resolved That resignation of Mr. ______ <from Directorship/ from the office as ______ [Designation]> of the Company with effect from close of business hours on ______ be and is hereby taken note of; Resolved Further That the Board places on record its appreciation for the assistance and guidance provided by Mr. ______, during <his/her> tenure as ______ [Designation] of the Company; …

Draft Board Resolution for taking note of Resignation of Director Read More »

Resolved That pursuant to Section 161(3) of the Companies Act, 2013 read with Rule 8, 9 and 14 of the Companies (Appointment and Qualification of Directors) Rules, 2014 and other applicable provisions of the Companies Act, 2013, (including any statutory modifications or re-enactment thereof) and Articles of Association of the Company, Mr. ______, holding Director …

Draft Board Resolution for Appointment of Nominee Director Read More »

Resolved That pursuant to Section 161(2) of the Companies Act, 2013 read with Rule 8, 9 and 14 of the Companies (Appointment and Qualification of Directors) Rules, 2014 and other applicable provisions of the Companies Act, 2013, (including any statutory modifications or re-enactment thereof) and < article ______ of the Articles of Association of the …

Draft Board Resolution for appointment of Alternate Director Read More »

Resolved That Mr.______ [Name of the Director] holding DIN ______, who was appointed as an Additional Director of the Company, by the Board of Directors in their Meeting held on ______, under Section 161(1) of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013, (including any statutory modifications or re-enactment thereof) and applicable provisions …

Draft Ordinary Resolution for Regularization of Additional Director Read More »

Resolved That pursuant to the provisions Section 161(1) and Section 196 of the Companies Act, 2013 read with Rule 8, 9 and 14 of Companies (Appointment and Qualification of Directors) Rules, 2014 and other applicable provisions of the Companies Act, 2013, (including any statutory modifications or re-enactment thereof) and provisions of the Articles of Association of …

Draft Board Resolution for Appointment of Additional Director with designation of Whole-time Director Read More »