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Board resolution approving the appointment of the Managing Director and authorizing all required filings with the Registrar of Companies.
CERTIFIED TRUE COPY OF RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF <Name of Company> HELD ON <Day>, <Date>, <Year> AT <time> (IST) AT <address>
Appointment of Mr. /Mrs. ___________ (DIN: _________) as the Managing Director of the company for a period of 5 years from [date]
"RESOLVED THAT pursuant to provisions of Sections 196 and 203 and any other applicable provisions of Companies Act, 2013, to the extent applicable, and rules made thereunder (as amended from time to time), the consent of the Board be and is hereby accorded to appoint Mr. / Mrs. _______________ (DIN: _______) as the Managing Director of the Company for a period of five (5) years commencing from [Date] on the terms and conditions contained in the letter of appointment/memorandum of understanding/ appointment agreement, a copy of which is laid and has been initialed by the Chairman for the purpose of identification, be and is hereby approved by the Board.
RESOLVED FURTHER THAT the consent of the Board be and is hereby accorded for approval of payment of remuneration to Mr. / Mrs._____________ amounting to INR ___________(Indian Rupees _____________ Only) per month plus additional benefits and facilities as may be mutually decided by and between Mr. / Mrs._____________ and the Board from time to time.
RESOLVED FURTHER THAT the Board of Directors of the Company be and are hereby authorised severally to do all such acts, deeds, matters and things as may be necessary for giving effect to the above resolutions including filing of necessary e-forms with the Registrar of Companies."
//Certified True Copy//
For ________________
___________
Director
DIN: ________
Address: ____________
Date:
Place:
