The Chairman informed the Board about receipt of Share Transfer Applications of Equity Shares. The matter was discussed at length and after various deliberations the following resolution was passed:
“RESOLVED THAT the transfer of shares as appearing from Share Transfer Applications placed before the Board and initialed by the Chairperson for the purpose of identification be and is hereby approved and that the shares be transferred as per details mentioned below:
Sr. No. No. of Equity Shares Name of the Transferor Ledger Folio No. Transferor Name of the Transferee Ledger Folio No.Transferee
“RESOLVED FURTHER THAT .............., of the company be and is hereby authorized to make necessary endorsement on the reverse of the Share Certificates and in the appropriate register and to do all other necessary act in this regard to give effect to the said resolution.â€
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