Chitika

Thursday 24 March 2011

Sec. 77 - Purchase by Co. of its own shares to the trustees of the Employees Benefit and Welfare Trust by preferential allotment - Board Resolution;Sec. 77 - Purchase by Co. of its own shares to the trustees of the Employees Benefit and Welfare Trust by preferential allotment - Board Resolution;





RESOLVED that a sum of Rs. ………… (Rupees…………..) only be given to the Trustees of the Employees’ Benefit and Welfare Trust for the purchase of the fully paid up shares in the company by them and to be held by and for the benefit of the employees of the company in accordance with the `Employees’ Welfare Scheme’ approved by the Board vide Resolution dated …………

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