Board Resolution to Take Note of Vacation of Office Due to Not Attending Board Meetings

Board-Resolution-Vacation-of-Office-Due-to-Not-Attending-Meetings


Board Resolution to Take Note of Vacation of Office Due to Not Attending Board Meetings



As per the provisions of section 167(1)(b) of the Companies Act, 2013 the office of a director shall become vacant in case he absents himself from all the meetings of the Board of Directors held during a period of twelve months with or without seeking leave of absence of the Board.

As Shri ___________ and Shri ____________ not attended any meeting of the Board of Directors held during a period of twelve months commencing from __________, they have ceased to be a Directors of the Company w.e.f. __________ .

RESOLVED THAT pursuant to the provisions of section 167(1)(b) of the Companies Act, 2013, cessation of Shri _________ and Shri _________ from the board, as both of them absents themselves from all the meetings of the Board of Directors held during a period of twelve months commencing from ______________ be and is hereby noted by the board. 
FURTHER RESOLVED THAT _____________ be and is hereby authorized to take all necessary actions to implement the above board resolution.

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