Chitika

Thursday 24 March 2011

Sec. 48 - Execution of Excise Bond - Board Resolution;





WHEREAS the Chairman produced before the Board the draft of the agreement for maintaining a bonded godown under the Central Excises and Salt Act, and also to maintain a current account with the Commissioner of Central Excise, and the same was considered;
"AND NOW THEREFORE it was resolved that the draft agreement between the Commissioner of Central Excise and the company relating to matters as contained therein and as identified by the initial of the Chairman hereof, be and is hereby approved for execution under the common seal of the company in the presence of Shri……….. and Shri…………. the Directors of the company, pursuant to article…………. Of the company’s Articles of Association, who shall also sign the same."

No comments:

Post a Comment

Blog Archive