Signing Authority for Sale Deed

This query is : Resolved

Suresh (Querist)
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06 May 2011 Dear experts, please confirm the validity of the board resolution.

CCC PLOT & HOUSING PVT. LTD has one Managing director - Mr. YYY, one director - Mrs. XXX, person to sign the deed Mr. RRR

Board Resolution is signed only by Mrs. YYY

Thanks.

EXTRACTS OF THE MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS HELD ON 29th APRIL 2011 AT 10 A.M AT THE REGISTERED OFFICE OF THE COMPANY

RESOLVED that the Board be hereby accord its consent for the sale of the Plots forming part of the larger Layout known as “AAA Housing Layout “ and re-named as “ZZZ” situated at _________ for the Company.

RESOLVED further that the Board be hereby authorize its Director Mrs. XXX, wife of Mr. YYY, residing at ______________________ of the company to negotiate, enter into agreement for Sale, execute the Sale Deed/s or any other documents in favour of any third parties with regard to sale of the plots forming part of the larger Layout known as “AAA Housing Layout” and re-named as “ZZZ” situated at ________________________ for and on behalf of the Company.

RESOLVED further that the Board be herby authorize its Authorized Signatory Mr. RRR, son of ______, aged about 57 years, residing at _________ to admit the execution of the said Sale Deed/s by its Director Mrs. XXX with regard to sale of the Plots forming part of the larger Layout known as “AAA Housing Layout” and re-named as “ZZZ” situated at ______________, present and appear before the said Sub-Registrar of Joint II, Chengalpattu or the concerned Sub-Registrar of Assurances, at all times and places as may be necessary to cause the said Sale Deed to be duly registered and to do all other acts that may be necessary to effectuate the said purpose.

RESOLVED further that the Board be hereby authorize to receive the said Sale Deed/s after registration and to give a receipt therefore to such person or give such authority in relation thereto as may be necessary in this behalf

- Sd -
Chairman
Certified True Copy
Date: 03.05.2011 FOR CCC PLOT & HOUSING PVT. LTD
Place: signed by Mr. YYY

Managing Director