Board Resolution for recommendation of appointment of Statutory Auditors of the Company in the Annual General Meeting

“RESOLVED THAT pursuant to the provisions of Section 139 and 142 of the Companies Act, 2013 read with Rule 3 of the Companies (Audit and Auditors) Rules, 2014, 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) the consent of the Board be and is hereby accorded to recommend to the Shareholders of the Company to appoint [●][Name of the Auditors], [●][Auditor/Firm Registration No.] as Statutory Auditors of the Company for a period of five years starting from Financial Year [●] and that they shall hold office from the conclusion of this Annual General Meeting (AGM) until the conclusion of [●] Annual General Meeting of the Company to be held after this Annual General Meeting i.e. for the Financial Year [●]-[●] on such remuneration as may be mutually agreed upon between Mr. [●][Name of Director], Director of the Company and the Auditors plus reimbursement of service tax, travelling and out-of pocket expenses;


RESOLVED FURTHER THAT Mr./ Ms. [●] [Name and Designation of the authorized person] of the Company be and is hereby authorized to do all such acts, deeds and things as may be required to give effect to the resolution including filing of requisite e forms with the Registrar of Companies.

Section 139 of Companies Act, 2013

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