Board Resolution – Approval of Financials Statement and Director’s Report under Companies Act, 2023

All public company are required to pass board resoultion for approval of financial statement including director’s report of the company every financial year.

Draft format of the Board Resolution are as follows:

Approval of Annual Accounts for The Financial Year Ended 31^st March, 20XX

RESOLVED THAT pursuant to the provisions of section 134 of the Companies Act, 2013 the Balance Sheet as at 31st March, 20XX and the Profit & Loss Account for period ended on that date  together with the schedules, notes appended thereto as placed before this meeting be and are hereby approved.

RESOLVED FURTHER THAT Mr/Mrs. XXXX and Mr/Mrs.. XXXXX, Directors of the Company be and are hereby authorized to sign the Balance Sheet as at 31st March, 2023 and the Profit & Loss Account for the period ended on 31st March 2023 together with the schedules, notes appended thereto, on behalf of the Board of Directors and submit the same to the Auditors of the Company for their report.”

Approval of Directors’ Report For The Financial Year Ended 31^st March, 20XX

“RESOLVED THAT pursuant to the provisions of section 134 of the Companies Act, 2013 the draft Directors’ Report for the year 20XX-XX placed before this meeting be and is hereby approved.

RESOLVED FURTHER THAT Mr/Mrs. XXXX and Mr/Mrs.. XXXXX, Directors of the Company be and are hereby authorized to sign the Directors’ Report on behalf of the Board.”

RESOLVED FURTHER THAT Pursuant to the provision of the companies act, 2013 read with compaies (meetings of board of directors) rules 2014, all the directors of the comany be and is hereby authorised to sign and file the resolution with the respective registrar of companies.

By and on behalf of the Board

For XXXXXX LIMITED

Director XXXX

DIN XXXX

Address   XXXX                                         

Date:

Place: