Board Resolution – Appointment of Cost Auditor
Resolution appointing a cost auditor under the Companies Act.
What this format contains
CERTIFIED TRUE COPY OF RESOLUTION PASSED BY THE BOARD OF DIRECTORS OF [COMPANY NAME] AT ITS MEETING HELD ON MONDAY, [DATE] AT THE REGISTERED OFFICE [ADDRESS], [PLACE] – [PIN] AT [TIME]
TO APPOINT COST AUDITOR OF THE COMPANY:
"RESOLVED THAT pursuant to Section 148(3) of the Companies Act,2013 and any other applicable provision of the Companies Act, 2013 and other Acts, rules as may be applicable to the Company from time to time, M/s [COST AUDITOR FIRM], Cost Accountants be & are hereby appointed as Cost Auditor of the Company for the Financial year [FY] to conduct audit of cost accounting records maintained by the company pertaining to Product manufacture by the company for the F.Y.[FY] at a remuneration of [AMOUNT]/- (Three Lakhs [AMOUNT]) and Other terms and Conditions as accepted between both the parties.
RESOLVED FURTHER THAT Mr. [DIRECTOR NAME], Wholetime Director, Mr. [DIRECTOR 2 NAME] Director of the Company, be and are hereby authorised to submit the necessary intimation in Form CRA-2 to the Registrar of Companies and if required to the Central Government for appointment of Cost Auditors by the Company and to do all such other acts as may be necessary from time to time to make the resolution effective.”
FOR [COMPANY NAME]
[DIRECTOR NAME]
WHOLETIME DIRECTOR
DIN: [●]