Draft Board Resolution For The Appointment of Additional Director

draft-board-resolution-for-appointment-of-additional-director

As per the provisions of Section 161(1) if the articles of a company permits, its Board of Directors has the power to appoint any person, other than a person who fails to get appointed as a director in a general meeting, as an additional director at any time who shall hold office up to the date of the next annual general meeting or the last date on which the annual general meeting should have been held, whichever is earlier.

DRAFT BOARD RESOLUTION FOR THE 
APPOINTMENT
OF ADDITIONAL DIRECTOR

"RESOLVED THAT pursuant to the provisions of Section 161 of the Companies Act, 2013 and other applicable provisions (including any modification or re-enactment thereof), if any, of the Companies Act, 2013 and Article ……. of AOA, Shri …………… be and is hereby appointed as an Additional Director on the Board of the Company w.e.f……………., who shall hold office upto the date of the ensuing Annual General Meeting of the Company".  
"RESOLVED FURTHER THAT ……………….. be and is hereby authorized to do all the acts, deeds and things which are necessary for the appointment of aforesaid person as an additional director of the company.” 
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