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sneha (none)     01 December 2009

bord resolution

Previously our company was providing services from Co. A. now our employers have established co. B and providing all those services from co. B whcih was provided earlied by co. A. there is one bank with whom we hv an agreement with co. A now we want to change the agreement with co. B. I want to draft a board resolution stating that all the work assignment which was provided by Co. A is henceforth provided by co. B.

Kindly provide some draft board resolution.



Learning

 1 Replies

Anurag Srivastava (Company Secretary)     14 December 2009

 

Chairman informed the Board that in view of the increased operations the Company,
 
Our Company presently providing services from Company A, is now be provided by Company B. After discussion, the Board accepted the proposal and passed the following resolution unanimously.
 
"RESOLVED THAT in supersession to all earlier resolutions/ agreements passed/ executed with regard to Work assignment with Company A is terminated w.e.f ………………………, and simultaneously executed the same agreement with the new Company “B” with effect from …………………. .”
 
“RESOLVED FURTHER THAT any of the Directors of the Company be and is hereby authorised to execute / sign all such forms, agreements, deeds, undertakings and such other papers as may be required.”
 

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