Single format · FV08-J4-2

Board resolution, acceptance of a loan from a non-resident director as ECB

A single format from the Loans, Deposits and Guarantees Between the Company and its NRI Directors and Shareholders pack. s.179(3)(d) · Schedule I, B&L Regs · Deposits Rules.

Length
2 pages
Blanks to fill
26
Files
Word and PDF
Law stated to
16 September 2026

What it covers

  1. 1Board resolution, acceptance of a loan from a non-resident director as ECBs.179(3)(d) · Schedule I, B&L Regs · Deposits Rules26 blanks

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

Certified true copy of the resolution passed at the meeting of the Board of Directors of [Name of the company] held on [Date of the board meeting]

ACCEPTANCE OF LOAN FROM [Lender director's name], DIRECTOR — EXTERNAL COMMERCIAL BORROWING

[Lender director's name], Director, disclosed his interest in the item and did not participate in the discussion or vote. [Quorum was present without him.]

7 more paragraphs and tables follow in the full format.

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