Board Resolution – General Authorisation
Resolution authorising a director or officer to act for the company in a transaction.
What this format contains
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS OF [COMPANY NAME] AT ITS MEETING HELD ON THURSDAY, [DATE] AT THE OFFICE [ADDRESS], [PLACE] – [PIN] AT [TIME]
AUTHORIZATION TO MR. [NAME] & MR. [NAME]
“RESOLVED THAT the consent of the Board of Directors of the Company be and is hereby accorded to authorize Mr. [NAME] (Whole time Director) and/or Mr. [NAME] (CFO) to represent the Company in connection with the proposed sale of land and building owned by the Company situated at [ADDRESS], [PLACE], [PIN], India (the “Proposed Property”), and to negotiate, execute, sign and deliver the Sale Agreement and any other definitive documents for and on behalf of the Company.”
“RESOLVED FURTHER THAT Mr. [NAME] (Whole time Director) and/or Mr. [NAME] (CFO), be and are hereby also authorized to sign any other agreements, instruments, deeds, undertakings, declarations, forms and all other documents on behalf of the Company as may be necessary or incidental for completion of the said transaction.
“RESOLVED FURTHER THAT Mr. [NAME] and/or Mr. [NAME] (CFO), be and are hereby authorized to do all such acts, deeds and things, for and on behalf of the Company, in the best interest of the Company, which may be deemed necessary for giving effect to the afore said resolutions or in any matter(s) incidental or ancillary thereto.”
The acts done and documents shall be binding on the company, until the same is withdrawn by giving written notice thereof.
| Name of Authorized Signatory | Mr. [NAME] | Mr. [NAME] |
| Designation of Authorized Signatory | Whole time Director | CFO |
| Specimen Signature |
FOR [COMPANY NAME]
____________________________________
[DIRECTOR NAME],
DIRECTOR
DIN: [●]