Board Resolution for Authorised Signatory

Board Resolution for Appointment of Authorised Signatory: A Draft

What is this resolution for?

In this blog, you will find a specimen of a Board Resolution for appointing an authorised signatory who is empowered to ensure statutory compliances of a Company in Goods and Service Tax, Income Tax and other applicable laws.

Key points

  • An authorised signatory is a person who has been accorded the right to sign documents on behalf of the company. He may be a director of the company, CEO, CFO, Executive Vice President, Senior Vice President, etc.
  • The authority given may be with respect to meeting several compliances and dealing with statutory authorities on behalf of the company. 
  • This Board resolution can also be passed through circulation in compliance with Section 175 of the Companies Act 2013.
  • The certified true copy of the resolution can be forwarded by any director or Company Secretary.

Draft Board Resolution for appointment of authorised signatory

Given below is a format of Board Resolution for the appointment of an authorised signatory.


Agenda Proposal

For the smooth conduct of day-to-day operations of the Company, it is proposed to authorize directors/officials for executing and signing forms and documents under various statutes including but not limited to Income Tax Act and Goods and Service Tax Act, etc.

The Board members may discuss the matter and after deliberations pass the following resolution.

On Company Letterhead

Board Resolution

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS OF (NAME OF COMPANY) IN ITS MEETING (S.NO.) HELD AT (VENUE OF BOARD MEETING) ON (DATE) AT (TIME)

RESOLVED THAT the following directors/CFO/officials of the Company be and are hereby severally authorised to execute, sign and file applications, forms, undertakings, returns, and other documents and to deal with appropriate authorities for ensuring statutory compliance under various statutes including Central Excise Act, Customs Act, Central Goods and Services Tax Act, Integrated Goods and Services Tax Act, Union Territory Goods and Services Tax Act(s), Sales Tax Act(s), VAT Act(s), Shops & Establishment Act, Income Tax Act, Wealth Tax Act, Professional Tax Act, Employees’ State Insurance Act, Employees’ Provident Funds & Miscellaneous Provisions Act, Payment of Wages Act, Payment of Bonus Act, Pollution Laws, Factories Act and all other Laws & Acts and rules made thereunder relating to Human Resources, Personnel & Labour and taxation as may be applicable to the Company.

S. No.NameDesignation
1Mr.Director
2Mr.CFO

RESOLVED FURTHER THAT the above-named directors/officials be and are hereby authorized severally to approach various statutory and /or government authorities and/or any other authorities in connection with the compliance of statutory requirements under the above-mentioned laws for and on behalf of the Company.

RESOLVED FURTHER THAT the above-named directors/officials be and are hereby authorized severally to appear, submit, sign and receive the documents in the Courts/appropriate authorities on behalf of the Company and to do all such things, acts, deeds, etc. as may be required by such authorities in relation to the Company.

RESOLVED FURTHER THAT a certified true copy of the resolution be submitted wherever needed under the signature of any Director or the Company Secretary of the Company.”

___________________________________________________

For (COMPANY’s NAME)

(Name of Director)

Director

DIN: ___________

Date: ___________


Note: The resolution given above is only for reference purposes and it should be used only after adhering to the provisions of the relevant Acts and rules (if any) that may be applicable for the time being in force.

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