Board Resolution for Approval for adoption of Financial Year of the Company as 1st January to 31 December (or any other financial year other than April to March) every year

“RESOLVED THAT pursuant to the provisions of Section 2(41) and other applicable provisions of the Companies Act, 2013 read with rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force), Mr./ Ms. [●] or Mr./ Ms. [●] [Name & Designation of the authorized person], be and are hereby severally authorised to make an application to the National Company Law Tribunal (“the Tribunal”) or other statutory authorities, for availing exemption as provided under Section 2(41), to follow the financial year, similar to that of its holding company, [●][Name of the Holding Company], incorporated under the laws of [●][Mention the name of the Country of incorporation of Holding Company], starting 1st January and ending 31st December every year;

RESOLVED FURTHER THAT Mr./ Ms.[●][Name and Designation of the authorized person] of the Company, be and are hereby authorised to sign, execute and submit the necessary application, documents, explanations and papers, as may be required with and appear before the Tribunal or other statutory authorities, for the aforesaid purpose and to appoint and authorise Consultant/Attorneys on behalf of the Company, for filing the aforesaid application and to do such other acts or deeds, as may be required to give effect to this resolution.”

SECTION 2(41) of Companies Act, 2013

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