CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF XYZ PRIVATE LIMITED HELD AT THE REGISTERED OFFICE OF THE COMPANY AT ABC, New Delhi-110001 ON [DAY], [DAY] OF [MONTH] [YEAR] AT [TIME]
INCREASE IN AUTHORIZED SHARE CAPITAL OF THE COMPANY
“RESOLVED THAT pursuant to the provisions of Section 13, 61, 64 and other applicable provisions, if any, of the Companies Act, 2013, (including any statutory modification(s) and re-enactment(s) thereof for the time being in force) and the rules framed thereunder, consent of the board be and is hereby accorded to increase the Authorized Share Capital of the Company from the present Rs. (Amount)/- (Rupees IN WORDS) consisting of (No. of Shares) (IN WORDS) Equity Shares of Rs(Amount of each sahre)/- (Rupees IN WORDS) each to Rs. (Amount)/- (Rupees IN WORDS) consisting of (Amount) (IN WORDS) Equity Shares of Rs (Amount)(Rupees IN WORDS) each.”
“FURTHER RESOLVED THAT the Memorandum of Association of the Company be and is hereby altered by substituting the existing Clause V thereof by the following new Clause V as under:
1. The Authorised Share Capital of the Company shall be Rs. (Amount)/- (Rupees IN WORDS) divided into (Shares) (IN WORDS) Equity Shares of Rs (Amount) (Rupees IN WORDS) each with power to increase and reduce the capital of the company and to divide the shares in the capital for the time being into different classes and to attach thereto respectively such preferential or special rights or privileges or conditions as may be determined by or in accordance with the regulations of the company.
“FURTHER RESOLVED THAT to give effect to above resolutions the Extra-Ordinary General Meeting of the members is hereby called on [DATE] at [TIME] at the registered office of the company. The Notice of the Extra-Ordinary General Meeting is hereby approved.”
Certified to be True
For ABC (P) Ltd.