Board resolution for general authorization
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 August 2013
Hello,
Can anybody please provide me the format of a board resolution for authorizing director for business promotion activities viz, foreign travel, to enter agreements etc.
Thanks.
Hello,
Can anybody please provide me the format of a board resolution for authorizing director for business promotion activities viz, foreign travel, to enter agreements etc.
Thanks.
Ajay Mishra
(Expert)
26 August 2013
Hi
“RESOLVED THAT the Consent of the Board be and is hereby accorded to approve the execution and signing of the (Name of the Agreement) entered into between the Company and (Name of the Company with which the agreement entered) having their registered office at (Address of Registered office) and the execution of the Power of Attorney by (Name of the Company with which the agreement entered) in favour of the Company".
"RESOLVED FURTHER THAT the draft of the proposed (Name of the Agreement) to be entered into between the Company and (Name of the Company with which the agreement entered) and draft Power of Attorney to be executed by (Name of the Agreement) in favour of the Company as placed before the Board, be and are hereby approved".
"RESOLVED FURTHER THAT (Name of the person(s) authorized) of the Company be and are hereby severally/jointly authorized to negotiate, finalize and execute the above mentioned agreements and documents on behalf of the Company and do all such acts, matters, deeds and things and to take all steps and do all things and give such directions as may be required, necessary, expedient or desirable for giving effect to the said (Name of the Agreement) and Power of Attorney".
"RESOLVED FURTHER THAT the Common Seal of the Company, if required, be affixed and stamped on the (Name of the Agreement) and such other documents as may be required to be executed under the Common Seal of the Company in the presence of any one of the authorized signatories.”
“RESOLVED FURTHER THAT the aforesaid power entrusted to the said official shall be valid and effective unless revoked earlier by the Board or shall be exercisable by him so long as he is in the concerned to the Company.”
Make changes accordingly.
“RESOLVED THAT the Consent of the Board be and is hereby accorded to approve the execution and signing of the (Name of the Agreement) entered into between the Company and (Name of the Company with which the agreement entered) having their registered office at (Address of Registered office) and the execution of the Power of Attorney by (Name of the Company with which the agreement entered) in favour of the Company".
"RESOLVED FURTHER THAT the draft of the proposed (Name of the Agreement) to be entered into between the Company and (Name of the Company with which the agreement entered) and draft Power of Attorney to be executed by (Name of the Agreement) in favour of the Company as placed before the Board, be and are hereby approved".
"RESOLVED FURTHER THAT (Name of the person(s) authorized) of the Company be and are hereby severally/jointly authorized to negotiate, finalize and execute the above mentioned agreements and documents on behalf of the Company and do all such acts, matters, deeds and things and to take all steps and do all things and give such directions as may be required, necessary, expedient or desirable for giving effect to the said (Name of the Agreement) and Power of Attorney".
"RESOLVED FURTHER THAT the Common Seal of the Company, if required, be affixed and stamped on the (Name of the Agreement) and such other documents as may be required to be executed under the Common Seal of the Company in the presence of any one of the authorized signatories.”
“RESOLVED FURTHER THAT the aforesaid power entrusted to the said official shall be valid and effective unless revoked earlier by the Board or shall be exercisable by him so long as he is in the concerned to the Company.”
Make changes accordingly.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
