Board resolution and authorisation letter, application for a grant, subsidy or incentive

Certified true copy of the resolutions passed at the meeting of the Board of Directors of [Company Name] held on [Date of the board meeting] at [__:__ hrs] at [registered office / place]

APPLICATION UNDER [NAME OF THE SCHEME / POLICY] AND AUTHORISATION OF SIGNATORY

The Chairman informed the Board that the Company proposes to set up / expand [describe the project] at [full address of the unit, taluka, district, State] at an estimated project cost of Rs [Estimated project cost (Rs)] (Rupees [Estimated project cost in words] only), and to apply to [name of the Department / Agency] for [form of support] under [name of the scheme or policy, with the guidelines or Government Order number and date]. He placed before the Board the draft application, the detailed project report dated [Date of the detailed project report], the means of finance, the scheme guidelines and the draft declarations, undertakings and affidavits required by the scheme, and explained the conditions to which the Company would become subject, including the lock-in, continuous-operation, employment and asset-retention conditions and the liability to refund with interest on breach.