BOARD RESOLUTION FOR APPOINTMENT OF MANAGING DIRECTOR OR MANAGER WHO IS ALREADY A MANAGING DIRECTOR OR MANAGER OF ANOTHER COMPANY

BOARD RESOLUTION FOR APPOINTMENT OF MANAGING DIRECTOR OR MANAGER WHO IS ALREADY A MANAGING DIRECTOR OR MANAGER OF ANOTHER COMPANY UNDER COMPANIES ACT 2013

“RESOLVED THAT subject to the approval of members of the company, Mr. ………………….. who is already a managing director of …………………..(name of the other Company), be and is hereby appointed as a …………………..(designation in company) within the meaning of section 203(3), third proviso of the Companies Act, 2013 on the terms and conditions as per the agreement tabled at the meeting and initialed by the Chairman for the purpose of identification.

RESOLVED FURTHER THAT, Mr……………, secretary of the company be and is hereby authorised to file the necessary returns with the Registrar of Companies and if necessary make application to the Central Government for approval of appointment of manager and payment of remuneration to him for a period of ……..years from ……………… to ………………

RESOLVED FURTHER that this reolution is carried and passed unanimously bu the Board of directors.

Leave a Reply

Your email address will not be published. Required fields are marked *