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Board Resolution - Permission to KMP for being appointed on the Board of other Companies

Draft Board Resolution along with Preamble to grant permission to Key Managerial Personnel for being appointed on the Board of other Companies in terms of first proviso to Section 203(3) of the Companies Act, 2013

Chapter: XIII

Section: Section 203 (3)

Rule: The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

Approximate Time Saving: 30 minutes

Product Information

This document consist of draft Board resolution, to grant permission to KMP for being appointed on the Board of other Companies, along with Preamble in editable word format making it handy to use and save time and efforts of a professional

Additional Information

First Proviso to Section 203(3)

Provided that nothing contained in this sub-section shall disentitle a key managerial personnel from being a director of any company with the permission of the Board:

Attachments

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Permission to kmp for being appointed on the board of other companies