Note: You can download the format of board resolution for allotment of shares under private placement as per companies act 2013 in word file from the link provided at the end of this post.
Also check: Format of Share certificate (Form SH-1).
On Company Letterhead
Board Resolution for Allotment of Shares under Private Placement
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF [Name of Company], HELD ON [Date], AT [Address].
RESOLVED THAT pursuant to the provisions of section 39, 42 and other application provisions of the Companies Act, 2013, including any statutory modification and re-enactment thereof for the time being in force, and subject to such approvals and permission as necessary, consent of the board be and is hereby provided to allot [XXXXX] equity shares of [Rs. XX] each fully paid up of [Rs. XX] each on private placement basis to the below applicants:-
| S. No. | Name of person to whom shares allotted | Number of shares allotted | Face value per share | Total value per share allotted |
| 1. | ||||
| 2. | ||||
| 3. |
FURTHER RESOLVED THAT share certificate in respect of the aforesaid allotment of shares to be issued in Form SH-1, under the common seal of the company under the signature of Mr./Mrs. [Name of Director] and Mr./Mrs. [Name of Director] and counter signed by Mr./Mrs. [Name of Director] as authorised person in accordance to the Companies (Share Capital and Debenture) Rules 2014. Further necessary entries regarding the above share allotment be made in the Register of Members of the company.
FURTHER RESOLVED THAT Mr./Mrs. [Name of Director] of the company be and is hereby authorised to digitally sign and submit Return of Allotment in Form PAS-3 and other forms with the Registrar of Companies, including payment of stamp duty on issuance of share as applicable and to do other necessary acts, deeds and things as may be necessary for giving effect to the said resolution.
FURTHER RESOLVED THAT Mr./Ms. [Name of Professional], Company Secretaries / Chartered Accountants / Cost Accountants, be and is hereby authorised to certify and file necessary forms and return with the Registrar of Companies through MCA portal.
CERTIFIED TRUE COPY
For [Name of Company]
[Name of Existing Director]
Director
DIN: [XXXXXXXX]
Date: [XX/XX/20XX]
Download Link:-
Download Format of Board Resolution for Allotment of Shares on Private Placement in Word Format