Board resolution format for appointing the Board's Chairperson under Section 179(1) and the Articles, covering tenure, conduct of meetings and casting vote.
“RESOLVED THAT Mr./Ms. [●] (DIN: [●]), Director of the Company be and is hereby appointed as Chairperson of the Board, in accordance with Article [●] of the Articles of Association of the Company, with immediate effect and shall preside as Chairperson at all the meetings of the board of Directors of the Company, unless elected otherwise.”
No rules under this Section yet.