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Board Resolution-Sign Urgent

Abhishek Gupta (Final) (1130 Points)

18 March 2011

Please Tell me Who shall sign Board Resolution authorizing one of the Director to get Registered under Various Laws-Sales Tax , IEC etc

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9 Replies

HARDIK (COMPANY SECRETARY NCFM (Corporate Governance )) (664 Points)
Replied 18 March 2011

Every pvt company have minimum of two and three directors in case of public limited. One director will sign resolution for authorisation for another director.

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Aditya20 (na) (113 Points)
Replied 18 March 2011

NO RULE AS SUCH ANY ONE DIRECTOR WHOSE DSC IS ACTIVE CAN SIGN

Abhishek Gupta (Final) (1130 Points)
Replied 18 March 2011

What in Case if Only one director available in India & same is required to be authorized under Board Resolution??

GURMUKH (CS) (81 Points)
Replied 18 March 2011

What I understand from ur query is that Board Resolution has already been passed at a duly convened Board Meeting or Resolution by circulation & only certified true copy on the same is to be provided.

You say Mr A, Director is only present in India & the resolution is also in his favour. No issues, Company is a seperate legal Entity. He can sign because he will be signing on behalf of the Company on resolution.

Hope ur query is resolved. Go ahead

chandramouli (student) (134 Points)
Replied 19 March 2011

is 30% minimum marks to pass CPT exam is implimented for this exam pl tell me anybody

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sruti gupta (Management Trainee) (103 Points)
Replied 03 May 2012

Can a person who is authorized in the Board Resolution sign the same resolution?

CS Mitesh Mehta (Company Secretary) (17139 Points)
Replied 04 May 2012

Yes. A person who is authorized in the Board resolution can sign the same resolution.

Charu Srivastava (Company Secretary) (4210 Points)
Replied 04 May 2012

Nicely xplained by Mr. Gurmukh....

any Director can sign the resolution.There is no restriction to that effect...

sec.mtp (sec) (25 Points)
Replied 23 March 2016

Hi, Our Company got incorporated last week. Resident director will the MD and other director is NRI. To open a bank account bank need a Board resolution (BR) authorizing the available director (MD) to operate the account.

How can we pass our first BR, when the NRI director is not available to attend the meeting physically?