16 January 2011
MINUTES OF THE PROCEEDINGS OF THE BOARD OF DIRECTORS OF XYZ PRIVATE LIMITED HELD ON MONDAY THE 1ST DAY OF JANUARY, 2011 AT 11.00 A.M. AT THE REGISTERED OFFICE OF THE COMPANY.
The following Directors were present:- 1. Sri .............., 2. Sri ..............,
Sri ......... was unanimously elected as the Chairman of the meeting.
Business Transacted:-
“RESOLVED THAT pursuant to the applicable provisions of Companies Act, 1956 consent of the board of directors of the company be and is hereby accorded to take on rent the house, building or other property situated at _______ for business purpose.
RESOLVED FURTHER THAT Mr...........,Director of the Company be and is hereby authorized to negotiate and finalize the terms of such lease and to sign and execute lease deed and all other documents and papers which deemed to be necessary.
RESOLVED FURTHER THAT the common seal of the company, wherever required, be affixed herein for completion of aforesaid documentation.
There being no other business to transact the meeting was terminated with a vote of thanks to the Chair.
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