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Board Resolution · ESOP & Investments

Investment in subsidiary

A ready-to-use board resolution draft under the Companies Act 2013. Fill in your company name, date, CIN and figures, then copy or download.

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[Company Name]  ·  CIN: [____]

Certified extract of the resolution passed at the meeting of the Board of Directors held on [Date] at [Registered Office]:

"RESOLVED THAT pursuant to Section 186 of the Companies Act, 2013, the consent of the Board be and is hereby accorded to invest a sum up to Rs. [amount] in the equity shares of [Investee/Subsidiary Name] ([CIN]), being within the limits prescribed under the said Section. RESOLVED FURTHER THAT the resolution is passed with the unanimous consent of all directors present, and that [Director Name] be authorised to remit the investment, execute the share subscription documents, and make the entries in the register maintained under Section 186. [Investment beyond the prescribed limits requires a special resolution and MGT-14.]"
For [Company Name]
 
[Director Name], Director (DIN: [____])

This is a general template for reference only. Have it reviewed by a qualified Company Secretary / lawyer and adapt to your company's Articles before use.

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