Board Resolution for Writing off Bad debts

RESOLVED THAT the amounts noted against each of the items mentioned below appearing in the books of account of the company for the financial year ended on [•] be and are hereby written off.

S. No. Name of the party Amount (Dr./Cr.) Justification of writing off
[•] [•] [•] [•]

RESOLVED FURTHER THAT Mr./ Ms. [●] [Name and Designation of the authorized person] of the Company, be and is hereby authorised to do such other acts or deeds, as may be required to give effect to this resolution.”

 

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