“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)[●][Name of the Auditors], [●][Auditor/Firm Registration No.], be and is hereby appointed 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 the [●] 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 [●][Name of Director] of the Company and the Auditors, plus reimbursement of goods and service tax, travelling and out of pocket expenses.”

Section 139 of Companies Act, 2013