The chairman introduced Mrs. ______________ to the Board. He informed the Board that she is having very rich experience in Business management and have good contracts in ___________. Her induction will ultimately strength the company by all means in development of business of company. Following resolution was passed in this regard:
“RESOLVED THAT Mrs. ___________ be and is hereby appointed as additional Director of the Company under the provisions of article of Association of the Company and Section 260 of the Companies Act, 1956 till the date of next annual general meeting.”
“RESOLVED FURTHER THAT Mr. _____________, Director of the Company be and is hereby instructed to furnish the copy of this resolution and the requisite amount of filing fees under schedule X of the Companies Act, 1956 with Form 32.”
The chairman informed the Board about the receipt of Resignation of Mr. ___________. The matter was discussed at length and after various deliberations the following resolution was passed:
"RESOLVED THAT the resignation of Mr. ________be and is hereby accepted by the Board and that Mr. __________ be and is hereby relieved from all the liabilities & responsibilities of the Company with immediate effect.
"RESOLVED FURTHER THAT any of the directors of the company be and are hereby authorised to do the needful in the said regard including filing of necessary intimations with various authorities."
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