Sec. 82/84 - Approval of Share Certificate Format - Board Resolution

Sec. 82/84 - Approval of Share Certificate Format - Board Resolution

"RESOLVED that the formats of equity share certificate and preference share certificate as per design tabled before the Board, duly initialed by the Chairman for the purposes of identification, be and are hereby approved.

RESOLVED further that 1500 equity shares certificates and 1000 preference share certificates as per design approved by the Board be got printed and machine numbered in regular order.

RESOLVED further that the blocks, engravings, facsimiles and hues relating to the printing of share certificates as also the blank unused share certificates be kept in the custody of the Secretary of the company."

Sec. 82/84 - Share certificates printing - board Resolution

Sec. 82/84 - Share certificates printing - board Resolution

 

"RESOLVED that 10,000 share certificates be given for printing as per the design produced before this meeting and those share certificates be machine numbered in regular order and that the said blocks and forms be kept in the custody of Shri. XYZ, the Secretary of the company, who shall render account thereof to the Board."

RESOLVED further that twenty share certificates for 10,000 equity shares having distinctive numbers………… to……. (both inclusive) be cancelled and twenty new share certificates be issued in their place which are surrendered to the company and that the common seal of the company be affixed on these new share certificates in the presence of any two Directors and the Secretary of the company who shall also sign the same."

Sec. 81(3) (b) - Approving of convertible loans - Board Resolution

Sec. 81(3) (b) - Approving of convertible loans - Board Resolution

"RESOLVED that subject to the approval of the Central Government, approval of the Company is given for raising a loan of Rs…………

by the company from M/s. X ltd. giving the M/s. X Ltd. an option to convert the loans into………… equity shares of the company at a premium of Rs………. within 12 years from the receipt of the loan by the Company and on other terms and conditions contained in the draft agreement tabled before the meeting and initialed by the Chairman for the purposes of identification."

Sec. 81(3) - Issue of convertible bonds to overseas investors - Board Resolution

Sec. 81(3) - Issue of convertible bonds to overseas investors - Board Resolution

"RESOLVED that the pursuant to the applicable provisions of the Companies Act, 1956 and to such other approvals, permission, grants and sanctions as may be necessary, the Board hereby accords its approval to the issue of………… convertible bonds of the value of not exceeding US Dollar………… each such bond of such value as the Board may think necessary in consultation with the Overseas Depository Bank………….. without warrant with option to holders thereof to convert such bonds into equity shares of Rs. 10/- each at the rate of…………. Fully paid equity shares for every US Dollar………… or for such value of the bonds depending upon the exercise of option for conversion on or before the dates as may be specified in said bonds.

RESOLVED further that Shri………….. Director and Shri………… Director be and are hereby authorized to issue to said bonds under their signatures and to fix the common seal of the company thereon in their presence."