Board resolutions
Bhavik
(Querist) 13 March 2012
This query is : Resolved
Hi Experts
Can anyone provide me the following resolutions:
1. Purchase of Property
2. Unsecured Loan from Directors
A V Vishal
(Expert) 13 March 2012
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF THE BOARD OF DIRECTORS OF ABC PRIVATE LIMITED HELD ON THURSDAY THE ..... DAY OF ....., 2012 AT 01.00 P.M. AT THE REGISTERED OFFICE OF THE COMPANY.
“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 acquire by purchase or otherwise the Land, agriculture field or other property situated at _______ for business purpose on such terms and conditions as may be consider appropriate and in the best interest of the Company.
RESOLVED FURTHER THAT Mr. ..........................., Authorised Representative of the Company be and is hereby authorized to negotiate and finalize the terms of such acquisition and to sign and execute sale/lease deed and all other documents and papers which deemed to be necessary related to purchase of the property and to give effect to the above resolution.
RESOLVED FURTHER THAT the common seal of the company, wherever required, be affixed herein for completion of aforesaid documentation.
Certified True Copy
For ABC Private Limited
Director
