Draft Board Resolution to appoint the first Statutory Auditors of the Company

Resolved That pursuant to the provisions of Section 139 and 142 of the Companies Act, 2013 read with Rule 3 of the Companies (Audit and Auditors) Rules, 2014 and other applicable provisions of the Companies Act, 2013 read with rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force), consent of the Board be and is hereby accorded to appoint ______ [Name of the First Statutory Auditors], Firm ______ [Auditor/Firm Registration No.] as First Auditors of the Company to hold office till the conclusion of the First Annual General Meeting of the Company, to examine and audit the accounts of the Company, on such remuneration as may be mutually agreed upon between Mr. ______ [Name of Director], Director of the Company and the Auditors plus reimbursement of service tax, travelling and out of pocket expenses.

Resolved Further That Mr./ Ms. ______ [Name and Designation of the authorized person] of the Company be and is hereby authorized to do all such acts, deeds and things and execute such other documents as may be necessary for the purpose of giving effect to this resolution.


For and on behalf of ___________ (Company Name) ___________


___________________ (Name of Company Secretary, if any / Director)

___________________ (Designation)

_____________________ (DIN / Membership No. as the case may be)

_____________________ (Address of the Director)

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