Board resloution authorising director for carry out legal formalties for the registry of property and resolution for to use common seal of the company for the above work
sudhir gautam (CA Final) (145 Points)
25 June 2009Board resloution authorising director for carry out legal formalties for the registry of property and resolution for to use common seal of the company for the above work
Vaibhav Shukla
(Company Secretary)
(142 Points)
Replied 01 July 2009
Following is the required resolution
“RESOLVED THAT Shri ………….., Director of the Company be and is hereby authorised to negotiate and finalise acquisition by purchase or otherwise of the property situated at Plot No. ……………………………. from …………….. (seller) on such terms and conditions as he may consider appropriate and in the best interest of the Company.
RESOLVED FURTHER THAT Shri …………………., Director of the Company be and is authorized 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 effecting the said deal.
RESOLVED FURTHER THAT the common seal of the company, wherever required, be affixed and in witness thereof signed by Shri …………., ……………….. (Designation) of the Company.
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17848 Points)
Replied 01 July 2009
It may be as under:-
"RESOLVED THAT Shri.............................. and Shri ................................... Directors of the Company be and are hereby jointly and severally authorised to negotiate with ........................................................ (sellor) and finalize the acquisition of property situated at .................. ......................... .............. ........................(full address of the property) on behalf of the Company"
"FURTHER RESOLVED THAT the terms and condition of such acquisition of property as placed before the board be and are hereby approved"
"FURTHER RESOLVED THAT said Shri ............................ and Shri ....................... be and are hereby jointly and severally authorised to execute, seal, sign and deliver the Sale / Lease Deed and other documents / papers as may be necessary and to do all such acts, deeds and things as may be necessary to give effect the above resolution."
"FURTHER RESOLVED THAT the Common Seal of the Company be placed at the appropriate places as may be necessary in the presence of Shri.......................... , Shri............................. , Directors and Shri ....................... Company Secretary."
CAclubindia
