Board Resolution – Authority for Purchase of Plot
Resolution authorising a person to sign documents for buying a plot of land.
What this format contains
CERTIFIED TRUE COPY OF RESOLUTION PASSED BY THE BOARD OF DIRECTORS OF [COMPANY NAME] AT ITS MEETING HELD ON FRIDAY, [DATE] AT THE REGISTERED OFFICE OF THE COMPANY SITUATED AT PLOT NO. [ADDRESS], [PLACE]– [PIN] AT [TIME]
TO AUTHORIZE MR. [AUTHORISED PERSON NAME] FOR REGISTRATION OF DOCUMENT FOR PURCHASE OF PLOT [ADDRESS]:
The Chairman informed to the Board that, our Company wishes to expand its business operation and planning to purchase plot at [PROPERTY / PLOT NAME] admeasuring about [FIGURE] Square meters bearing Plot No. [ADDRESS] and wishes to authorise Mr. [AUTHORIZED PERSON NAME], the officer of the Company to perusal, check and sign each and every document in relation to purchase of plot by Company. After discussion, the following resolutions were passed:
RESOLVED THAT, consent of the Board of Directors be and is hereby accorded to authorise Mr. [AUTHORIZED PERSON NAME] to represent the company for registration of documents with Registrar office, [REGISTRAR OFFICE LOCATION] and all other documents as may be deemed necessary in connection with the purchase of above mentioned plot at [PROPERTY / PLOT NAME].
RESOLVED FURTHER THAT any Directors of the Company be and are hereby authorised to give effect to the aforesaid application and to give a certified true copy of the resolution to the concerned persons /officials for the aforesaid purpose.
The Signature of Mr. [AUTHORIZED PERSON NAME] is attested herein below for the purpose of authentication.
FOR [COMPANY NAME]
______________________ _____________________________________ [DIRECTOR NAME] [AUTHORISED PERSON NAME]
DIRECTOR AUTHORISED PERSON
DIN: [●]