APPOINTMENT
OF A RELATIVE OF DIRECTOR [SECTION 314(1)]
[CD1]
"RESOLVED
THAT the pursuant to provisions of Section 314(1) of the Companies Act, 1956,
the authority be and is hereby accorded to the Board of Directors to appoint
Mr.___________________ as ________________________ holding office of profit
under the company he being a relative of the Whole-time Director, Mr.
___________________________, of the Company, for a period of ________ years
with effect from _________________________, 200_____________, pursuant to he
terms and conditions including relating to the remuneration as contained in an
agreement between the company of the one part and the said Mr.
________________________ of the other part, a copy whereof initialed by the
Chairman was placed before this meeting.
RESOLVED
FURTHER THAT Mr. _____________________________________, Director of the Company
be and is hereby authorized to all acts, deeds and things as he may deem
necessary in this regard.
RESOLVED
FURTHER THAT a draft of the resolution together with the explanatory statement,
a draft of which is tabled before the meeting be included in the notice to be
issued for convening of Extra
Ordinary
General Meeting."
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