Single format · FV08-B12-3

Board resolution approving issue to a foreign fund, with standing authority for FPI and FEMA confirmations

A single format from the FPIs, FVCIs and Foreign Funds on the Cap Table pack. ss.42, 62(1)(c), 179 Companies Act 2013 · FEM (NDI) Rules 2019.

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

What it covers

  1. 1Board resolution approving issue to a foreign fund, with standing authority for FPI and FEMA confirmationsss.42, 62(1)(c), 179 Companies Act 2013 · FEM (NDI) Rules 201926 blanks

Read the opening

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

Certified true copy of the resolutions passed at the meeting of the Board of Directors of [Company] held on [DD.MM.YYYY]

1. ISSUE OF [CLASS] TO [FUND]

"RESOLVED THAT, subject to the approval of the members by special resolution, pursuant to sections 42 and 62(1)(c) of the Companies Act, 2013 and the rules made thereunder, and the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, the Board approves the offer and issue of [Number of securities to be issued] [class] of face value Rs [Face value per share (Rs)] each at Rs [Issue price per share (Rs)] each, aggregating Rs [Total issue amount (Rs)], to [Fund], a person resident outside India, under [Schedule I (foreign direct investment) / Schedule VII (FVCI registration no. ___)], on the terms of the share subscription agreement placed before the meeting.

5 more paragraphs and tables follow in the full format.

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