Minutes for branch office

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 December 2012 Whether board resolution is necessary if a company:

1. opens a branch office?

2. hires the office area of branch office on rent of a certain amount?

3. purchases fixed assets for its branch?

4. takes loan to purchase fixed assets for its branch?

5. appoints employees(please mention designation as applicable)?

6. Moreover, whether original copy of above mentioned minutes to be kept in branch or registered office?

Please advise.

Ajay Mishra

Ajay Mishra (Expert)
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13 December 2012 Hi

Board Resolution is required for the above said purpose.

The minutes book is kept at the registered office or some other place as the Board decided to kept other registers of the company.

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