Board resolution approving a retrenchment and recording reasons for departure from LIFO
A single format from the Exit and IR Formats pack. s.70 and s.71, IR Code 2020.
- 3 pages
- 47
- Word and PDF
- 12 September 2026
What it covers
- 1Board resolution approving a retrenchment and recording reasons for departure from LIFOs.70 and s.71, IR Code 2020
Read the opening
The first part of the format, as it downloads. Blanks are highlighted.
Pass before any notice is served. The recorded reasons in Part B must exist at the time of the decision — a justification constructed after a dispute is worth very little
[COMPANY NAME] PRIVATE LIMITED
CIN: [CIN]
Extract of the minutes of the meeting of the Board of Directors held on [Date of the Board meeting] at [Time of the Board meeting] at [Place of the Board meeting].