Format of resolution of the approval of financial statement and the board’s report

by

On letter head of the company

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF BOARD OF DIRECTORS OF THE COMPANY HELD ——- AT ITS REGISTERED OFFICE AT 4 00 P.M

 01-   ADOPTION OF FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR 2013-14.

The Chairman placed before the meeting the Audited Financial Statements, Auditors Report thereon and Directors’ Report and Secretarial Compliance Report be (Mentioned if applicable) for the year ended on 31st March 2014 for the adoption of the same.

After some discussion following resolution was passed: –

“RESOLVED THAT, Audited Balance sheet as at March 31, 2014 and Profit & Loss Accounts for the year ending on March 31, 2014 along with Accounting Policies, Schedules, Explanatory Notes forming parts of financial statements, Auditor’s Report and Secretarial Compliance Report be (Mentioned if applicable) and are hereby confirmed and approved”.

“FURTHER RESOLVED THAT, the Board of Director’s
Report for the year ended on March 31, 2014 be and is hereby approved”.

 “FURTHER RESOLVED THAT,Mr. ————- and Mr. ————- be and are hereby authorized to sign the Annual Return, Director’s Report and addendum (if any), on behalf of the Board and present it to members at ensuing Annual General Meeting of the Company.”

 “FURTHER RESOLVED THAT, Mr. ————-, Director of the company be and is hereby authorized to file forgoing Board Resolution, Annual Return, Financial Statements and all other necessary annexure in prescribed forms with Registrar of Companies, Mumbai under his Digital Signature on behalf of company.”

 FOR, —————–

Related posts:

  1. Format of resolution for appointment of Statutory Auditor
  2. Format of resolution of removal of auditor from his office before expiry of his term
  3. Format of board resolution for the change in name of the company
  4. Format of resolution of alteration to the MOA as to change of object clause
Taxclick Team
This is the team of the finance profession who, update the site on daily basis. The team is also responsible for giving the update as earliest and also give the timely reply to the quires asked by the visitors. The team can be reached at info@taxclick.org.

2 thoughts on “Format of resolution of the approval of financial statement and the board’s report”

  2. Hiiiii Mr. Mohit,
    According to my views, In Board Meeting the the Financial Statements and Directors Report are not adopted, they are approved. Further, the resolution for Approval of Financial Statements and Directors Report are both different items, so different resolution should be passed for both. Word Adoption is used for members at Annual General Meeting for approval of annual accounts.

    My view is not to offend your knowledge. Its just i wanted to share my opinion on the same.

    Regards
    CS Saumya Gupta

    Reply

Leave a Comment