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 of the Companies (Meetings of Board and its Powers) Rules, 2014, the consent of the Board of Directors of the Company be and is hereby accorded to invest the surplus fund of the Company up to Rs. _____ (Rupees _____ only) in/for _____ [Details of the investment instrument/company etc.];
Resolved Further That Mr./ Ms. _____ [Name and Designation of the authorized person] of the Company, be and is hereby authorized to sign and submit all papers, deeds and documents and to do all such acts, deeds and things as may be deemed expedient and incidental thereto to give 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)
