Q.The Board of Directors of Radiant Motors Limited, at its meeting held on 15th June, resolved to appoint Mr. Suresh Kulkarni as the company's Chief Financial Officer with effect from 1st July, on the terms placed before the Board. Draft the relevant extract of the minutes recording this resolution.
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Start your 14-day free trial to unlock the full solution →Extract of the Minutes of the Meeting of the Board of Directors of Radiant Motors Limited held on 15th June at [time] at [venue]
Present: [names of directors present]
In attendance: [Name], Company Secretary
Mr./Ms. [Name] took the Chair. The Chairperson noted that the requisite quorum was present, and the meeting was called to order.
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Item [n]: Appointment of Chief Financial Officer
The Chairperson placed before the Board the proposal to appoint Mr. Suresh Kulkarni as Chief Financial Officer of the Company, along with the terms of his appointment. After discussion, it was:
'RESOLVED THAT Mr. Suresh Kulkarni be and is hereby appointed as the Chief Financial Officer of the Company with effect from 1st July, on the terms and conditions placed before the Board and initialled by the Chairperson for identification.'
'RESOLVED FURTHER THAT any Director of the Company be and is hereby authorised to sign and file the necessary forms with the Registrar of Companies and to do all such acts, deeds, and things as may be necessary to give effect to this resolution.'
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There being no other business, the meeting concluded with a vote of thanks to the Chair.
Chairperson's signature: ___________ Date: ___________ …
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