Draft Resolution for appointment of SBO officer

Hi Gargi,

Here’s a simple draft resolution for the appointment of the Significant Beneficial Owner (SBO) officer of the company, which you can customize as per your company’s details:

BOARD RESOLUTION FOR APPOINTMENT OF SIGNIFICANT BENEFICIAL OWNER (SBO) OFFICER

[Company Name]
CIN: [Company Identification Number]
Registered Office: [Registered Address]

Date: [Date of Meeting]

RESOLVED THAT pursuant to the provisions of the Companies Act, 2013 and the rules made thereunder, and in compliance with the requirements of the Ministry of Corporate Affairs (MCA) regarding the declaration and verification of Significant Beneficial Owners (SBOs), Mr./Ms. [Name of Officer], holding the position of [Designation], be and is hereby appointed as the SBO Officer of the Company for the purpose of handling all matters relating to identification, declaration, and maintenance of records of Significant Beneficial Owners of the Company.

FURTHER RESOLVED THAT Mr./Ms. [Name of Officer] be and is hereby authorized to undertake all necessary acts, deeds, and things required for compliance with the SBO provisions under the Companies Act, 2013, including filing necessary returns/forms with the MCA and maintaining the register of Significant Beneficial Owners.

FURTHER RESOLVED THAT a certified true copy of this resolution be provided to Mr./Ms. [Name of Officer] and be submitted to the Ministry of Corporate Affairs or any other statutory authority as may be required.

By order of the Board
For [Company Name]

[Name of Director]
Director/Chairman