Board Resolution – [Appointment of First Auditors]
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF (NAME OF THE COMPANY) HELD AT THE REGISTERED OFFICE OF THE COMPANY AT (ADDRESS) ON (DATE) AT (TIME)
The Chairman informed the Board that pursuant to Section 224(5) of the Companies Act, 1956, the company is required to appoint Statutory Auditors of the Company. He proposed that [Name of the Auditors], Chartered Accountants, having its office at [Address of the office of auditors] may be appointed as first Auditors of the company. The Company has received a consent letter from [Name of the Auditors], Chartered Accountants, to act as Statutory Auditors of the Company and a certificate to the effect that their appointment as an Statutory Auditors, if made would be in accordance with the limit specified in Section 224(IB) of the Companies Act, 1956.
The Board noted the same and after discussion, passed the following resolution unanimously:
“RESOLVED THAT pursuant to section 224(5) of the Companies Act, 1956 [Name of the Auditors],Chartered Accountants, having its office at [Address of the office of auditors] be and are hereby appointed as first auditors of the company to hold the office until the conclusion of the first Annual General Meeting”. “RESOLVED FURTHER THAT [Name of the person(s) authorized] be and is hereby authorized to intimate the Auditors of their Appointment.”
Pro-Formats 