Single format · FV08-I1-3

Board resolution, company acquiring immovable property from a person resident outside India

A single format from the Acquisition of Immovable Property in India by NRIs, OCIs and Foreign Nationals pack. Companies Act 2013 · s.179 / s.188 · ITA 2025 s.393(2).

Length
1 page
Blanks to fill
21
Files
Word and PDF
Law stated to
16 September 2026

What it covers

  1. 1Board resolution, company acquiring immovable property from a person resident outside IndiaCompanies Act 2013 · s.179 / s.188 · ITA 2025 s.393(2)21 blanks

Read the opening

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

Certified true copy of the resolution passed by the Board of Directors of [Company] at its meeting held on [Date of the board meeting] at [place / through video conferencing]

ACQUISITION OF PROPERTY AT [Address of the property]

RESOLVED THAT the consent of the Board be and is hereby accorded to the acquisition by the Company of the immovable property described in the annexed schedule ("the Property") from [Name of vendor] ("the Vendor"), a person resident outside India, for a total consideration of Rs [Total consideration (Rs)], against a stamp duty value of Rs [Stamp duty value of the property (Rs)], for use as the Company's [office / factory / warehouse / guest house].

5 more paragraphs and tables follow in the full format.

More in RBI, FEMA & Cross-border