The below template
of board resolution can be used to give approval and authorisation for opening a new branch office for the company.
Sample Format/ Specimen of Board Resolution for
Opening/Establishing New Branch Office(s)
"RESOLVED THAT in pursuance of the provisions of
Section 2(14) of the Companies Act, 2013 including any amendment thereto, the
consent of the Board of Directors be and hereby given to establish a branch
office of the Company at _______ and the branch be called as '_____ branch' of
FURTHER RESOLVED THAT the premises for the branch be
acquired on Leave and License arrangements with a monthly rental in the range
of Rs. _____ /- to Rs. _____ /-.
FURTHER RESOLVED THAT Mr. G Upol, Regional Manager-West
India, be and is hereby authorised for setting up the ______ branch and to sign
and execute of all document(s) or instrument(s) and do all such acts, deeds and
things as may be necessary for opening of the said branch.
RESOLVED FURTHER THAT a Certified True Copy of this
resolution be forwarded to all such statutory authorities under the signature
of Mr. Nu Loo, Company Secretary.”
Note: The definition of the 'branch' was given earlier under Section 2(9) of the Companies Act, 1956.