board resolution for allotmet of shares

Resolutions 38134 views 5 replies

can anybody send me the format of board resolution regarding allotment of shares in private limited company

Replies (5)

“RESOLVED THAT ________ Equity shares of Rs. ___ each in the capital of the company be and hereby allotted at a premium of Rs. ___per share to the applicants as per the list placed before the meeting and initialed by the chairman for the purpose of identification.

 

RESOLVED FURTHER that the director, Mr.______________be and is hereby authorized to file the return of allotment pursuant to Section 75 of the Companies Act, 1956, with the Registrar of Companies concerned in the prescribed form.

 

RESOLVED FURTHER that the share certificates for the shares allotted as aforesaid be issued to the allotees under the signature of MR. __________ Director & Authorised Signatory and Mr. _________, Director of the company and the common seal of the Company be affixed on the share certificate in their presence.”

 

 

The above resolution is as under:-

"RESOLVED THAT pursuant to the article no ... of the Articles of Association of the Company ....................equity shares of Rs. ........ each be and are hereby alloted to the persons named in the list tabled to the Board for their consideration and signed by the Chairman"

"RESOLVED FURTHER THAT in respect of shares allotted as aforesaid, shares certificates be issued under the common seal of the company and under the signature of any two directors of the company and counter signature of the Company Secretary."

"RESOLVED FURTHER THAT Shri .......... and shri ...............directors of the company be and are hereby authorised to sign on the share certificates"

"RESOLVED FURTHER THAT Shri .................. company secretary of the company be and is hereby authoried to file form 2, pursuant to section 75 of the Companies Act, 1956, within 30 days of passing the resolution."

Good job done friends...

Helpful reply

can you please let me know whether board resolution or shareholders resolution for return of allotment of shares ? if it is a shareholders resolution then ordinary or special resolution


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register