Appointment of ceo

The Board was informed that the Company proposes to appoint Mr.________________as Chief Executive Officer of the Company for a period of five years with effect from __________ based on remuneration as may be decided by the Board from time to time. It was unanimously:

“RESOLVED THAT pursuant to the provisions of Section 196 of the Companies Act, 2013 and rules made thereunder and enabling provisions of the Articles of Association of the Company,  Mr. __________________be and is hereby appointed as Chief Executive Officer of the Company, having substantial powers of management with regard to the affairs of the Company exercisable subject to the superintendence of the Board, for a period of five years with effect from __________ based on a remuneration as may be decided by the Board from time to time.”

“RESOLVED FURTHER THAT Mr._________________, Director be and is hereby authorized to affix Digital Signature Certificate (DSC) to the required forms, to file and submit the same with the Registrar of Companies, Karnataka-Bangalore and to do all such acts, deeds and things Chief Executive Officer of the Company.”