Board resolution

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2012 Please provide me the Board Resolution for expenses incurred by the Directors on foreign trip.

Ajay Mishra

Ajay Mishra (Expert)
Follow

10 July 2012 Hi

APPROVAL OF DIRECTOR EXPENSES:

The Chairperson placed before the Board a statement containing the details of foreign expenses incurred by Mr. , Director during foreign trip on behalf of the company for approval of the Board. The Board after detailed discussions passed the following resolution:

“RESOLVED THAT foreign expenses as incurred by the Director as shown in the statement containing the details of expenses incurred by the director and duly initialed by the Chairperson for the purpose of identification be and is hereby approved and re-imbursed from the Company’s Fund.”

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2012 sir, Please tell me that in case of foreign trip expenses incurred by the company we have to pass any board resolution or not? if yes then how it is drafted?

Ajay Mishra

Ajay Mishra (Expert)
Follow

10 July 2012 Hi

Generally it is not required to pass in Board meeting, because it is in general nature for promotion of business.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2012 sir could you also please send me the board resolution for authorizing the person to issue vouchers in the company.

Ajay Mishra

Ajay Mishra (Expert)
Follow

10 July 2012 Hi

I think, there is no need to take approval for this. It is a routine business and for this only confirmation of their HOD is sufficient. Generally Board not deal such matters.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Aniruddha Mody

Rampal Saini

Jitin Aditya Kapur

Amirthalingam

George Innocent

Subscribe Now

Board resolution

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA