06 October 2009
EXTRACT OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF M/s. ABC LIMITED HELD ON DAY OF JANUARY 2008 AT THE REGISTERED OFFICE OF THE COMPANY AT 10.30 A.M.
1. Appointment of _________, as Chairman & Managing Director
“RESOLVED THAT subject to approval of members of the company, the central Government and pursuant to the provisions of Section 198,269,309,310,311 and read with Schedule XIII and other applicable provisions, if any, of the Companies Act 1956 as amended, the consent of the company be and is hereby accorded to the appointment of Mr. _________, as Chairman & Managing Director of the Company for a period of 5 years with effect from ________________.â€
06 October 2009
Thank u Mr.Ankur. The company is pvt ltd and the members are only two. one of them to be appointed as Managing Director. Can u pls send resolution specimen?
06 October 2009
“RESOLVED THAT pursuant to provisions of Article _____ of Article of Association of the Company andSections, 198,269,309 and 310 read with Schedule XIII and all other applicable provisions, if any, of the Companies Act, 1956 (including any statutory modification or re-enactment thereof for the time being in force)subject to such other consents, approvals and permissions if any needed. Mr. ________________ be and is hereby appointed as the Managing Director of the company for a period of five years with effect from_________________on the terms and conditions hereinafter mentioned.â€
“RESOLVED FURTHER that pursuant to the Articles of Association of the Company, Mr. _______________shall not retire by rotation.â€
“RESOLVED FURTHER THAT (Mr. X) be and is hereby authorized to take such steps as may be necessary for obtaining approvals, statutory or otherwise, in relation to the above and to settle all matters arising out of and incidental thereto and sign and execute all applications,documents and writings that may be required, on behalf of the Company and generally to do all acts, deeds andthings that may be necessary, proper, expedient or incidental for the purpose of giving effect to the aforesaidResolution.â€
Guest
Guest
(Expert)
06 October 2009
Both the director will sign the Resolution i.e. Proposed MD & another Director
CAclubindia
