“RESOLVED THAT an amount of [●] [Insert amount], [●] [Insert Indian Rupees in words], being pre-incorporation expenses incurred by the promoters, as detailed in the invoice received from the professional, namely Mr./Ms [●] [Insert name of professional hired for incorporation], vide bill [●] [Insert bill number] as placed before the Board be taken on record and accounted in the books of the Company.

RESOLVED FURTHER THAT the said amount incurred for incorporation of the new company be and is hereby reimbursed to [●] [Insert name of the person].

RESOLVED FURTHER THAT all the preliminary contracts entered into by Mr./Ms [●] [Insert name of signatory] the promoters on behalf of the Company be and are hereby ratified and approved.”