ComplianceDraft FORMAT

Board Resolution
Format

A board resolution is the written record of decisions taken by directors at a validly convened board meeting. ROC filings, banks, and auditors routinely demand certified true copies. Our board resolution format follows common Indian corporate practice under the Companies Act, 2013.

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MCA Compliant

1What is it?

A formal document stating that the Board of Directors resolved a specific matter — appointment, banking, borrowing, or filing authority.

2When is it required?

For major corporate actions: first auditor appointment, bank account opening, GST registration, director appointments, and loan approvals.

Who needs Board Resolution?

Private and public companies, company secretaries, CAs, and startup founders post-incorporation.

How to use this format?

Select resolution type in the generator, enter company and meeting details, preview, and download Word or PDF for director signatures.

Structure of a valid board resolution

Typical format: company name and CIN; reference to Companies Act, 2013; 'Certified true copy of the resolution passed at the meeting of the Board of Directors'; date, time, and place of meeting; resolving clause ('RESOLVED THAT…'); list of directors present; signature block for chairperson or director.

For MCA uploads, resolutions are often scanned as PDF attachments to SPICe+ or post-incorporation forms. Banks want 'certified true copy' wording and sometimes board meeting date within recent months.

Common resolution types startups need first

First auditor appointment under Section 139(6) is among the earliest resolutions after incorporation. Opening a current account requires a banking resolution naming the bank branch and authorised signatories. GST registration may need a board resolution authorising a director or professional to sign REG-01.

Using separate formats for each purpose reduces rejection risk. A generic 'board resolution format' page should link to the correct generator variant for the user's situation.

Certification and record-keeping

Minutes of the meeting should be maintained in the minute book. The certified copy handed to third parties is usually signed by a director or company secretary with 'Certified True Copy' stamp.

Keep digital backups aligned with your data room for due diligence. Investors and lenders often request banking and auditor appointment resolutions during funding rounds.

Sample resolving clause (auditor appointment)

"RESOLVED THAT pursuant to the provisions of Section 139(6) of the Companies Act, 2013 and other applicable provisions, M/s ABC & Associates, Chartered Accountants (FRN: ______), be and are hereby appointed as the first statutory auditors of the Company to hold office until the conclusion of the first Annual General Meeting on such remuneration as may be determined by the Board."

Quick checklist

  • Correct company name and CIN on the header
  • Meeting date, time, and venue stated
  • Clear RESOLVED THAT clause with specific action
  • Directors present / chairperson identified
  • Certified true copy signing block
  • Use bank-specific resolution when opening accounts

Frequently Asked Questions

Everything you need to know about the document.

Typically the chairperson of the meeting or any director authorised by the board, marked as certified true copy.

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