Board Resolution for change in Financial Year of the Company as 1st April to 31st March every year

“RESOLVED THAT pursuant to the provisions of Section 2(41) and other applicable provisions of the Companies Act, 2013, (including any statutory modifications or re-enactment thereof), the financial year of the company for this year shall be from 1st April 20[●] to 31st March 20[●];

RESOLVED FURTHER THAT all the subsequent financial years for the Company shall be from 1st April to 31st March of the following year;

RESOLVED FURTHER THAT Mr./ Ms. [●] [Name and Designation of the authorized person] of the Company be and is hereby authorised to inform the Income-Tax authorities and to do all such acts, deeds and things as may be necessary to give effect to such change in Financial year of the Company.”

SECTION 196 of Companies Act, 2013

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