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Board meeting format for share application

naveen (Tax Consultants) (46 Points)

10 May 2013

Hi Ankur Garg/Experts,

please share board meeting minutes for acceptance of share application.

Thanks in advance

Regards,

Naveen

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CA rohit swami (CHARTERED ACCOUNTANT) (262 Points)
Replied 10 May 2013

ACTIVITY OF THE MEETING:-

The Chairman placed before the Board Various application forms received from the investor. The Board scrutinized the Share Applications and thereupon allots the Shares and passed the following resolutions unanimously:-

"RESOLVED THAT pursuant to section 75 of the Companies Act 1956, the consent Board be and is hereby accorded to allot Equity Shares of Rs 10/- each fully paid up to the applicants, which will rank pari-passu with the other existing shares.”

"RESOLVED FURTHER THAT Shri ……………….. Director of the Company be and is authorized to file Form No. 2 with the Registrar of the Company.

Detailes of share applicants who entitled to allot shares was enclosed as agenda with notice of board meeting .

SUMMARY OF CLARIFICATION:-

Common seal of company be affixed, wherever necessary , in the presence of a director who shall sign the same in token of his presence.

VOTE OF THANKS:-

There being no other business, the meeting terminated with a vote of thanks to the chair.

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