resolutions

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF _________________________________________ HELD ON _____DAY _____(month) _____ (year) AT THE REGISTERED OFFICE OF THE COMPANY AT ____________________________ RESOLVED THAT in addition to the existing authorised signatories for the operation of the Current Account of the Company “____________________________________________________" ( name of the company) number _____________________ (account number), opened and maintained with ___________ (name of the Bank and Branch), the name of ______________________ (name and designation of authorised signatory) be and is hereby added as an authorized signatory for the operation of the said Current Account of the Company....

Background For opening a Bank Account of a company, an authority of the Board of Directors is required. This authority is granted by passing a resolution in the meeting of the Board of Directors. During the meeting, the Board approves the bank in which account needs to be opened, who shall be the signatory for the said account, the limits, whether the account is to be operated singly by any one director or jointly by 2 or more directors, etc....

Background Section 139(8) of the Companies Act, 2013 Casual vacancy in the office of an auditor of the company shall be filled by the Board of Directors within 30 days from the date of such casual vacancy. Casual vacancy in the office of auditor can be due to resignation or death or disqualification (as provided under Section 141) of the auditors. In case the casual vacancy is created due to resignation of an existing auditor, then appointment of new auditor shall be approved by the members by convening a general meeting within 3 months from the date of recommendation by the Board and he shall hold office from the conclusion of that general meeting till the conclusion of next Annual General Meeting of the company....

“RESOLVED THAT pursuant to provisions of Section 161(1) of the Companies Act, 2013 and other applicable provisions of the Act, including any modification and reenactment thereof, and pursuant to provisions of the Articles of Association of the Company, Mr./Ms./Mrs./Smt. ___________________(Name of the proposed Director) _________(DIN Number) who has given his consent to act as Director of the company, be and is hereby appointed as Additional Director of the Company with effect from ____________ (date), who shall hold office upto the of ensuing Annual General Meeting of the Company or the last the on which ensuing Annual General Meeting shall be held, whoever is earlier, *****liable to retire by rotation....

“RESOLVED THAT pursuant to provisions of Section 184 (1) of the Companies Act, 2013 read with Rule 9(1) of the Companies (Meetings of the Board and its Powers) Rules, 2014 general disclosure of interest received in Form MBP-1, from the directors of the Company as placed before the Board be and is hereby taken on record.” “RESOLVED FURTHER THAT pursuant to provisions of Section 164(2) of the Companies Act, 2013 read with Rule 14(1) of the Companies (Appointment of Directors) Rules, 2014, Declaration in Form DIR-8, received from the Directors of the Company as placed before the Board be and is hereby taken on record....