A Board Resolution For One Person Company is a crucial corporate governance document used in Indian business operations. This document type was introduced following the Companies Act, 2013, which formally recognized One Person Companies as a valid corporate structure in India. The resolution is required whenever the sole director-member needs to make significant company decisions, such as opening bank accounts, authorizing financial transactions, appointing professionals, or making statutory filings. Unlike traditional company board resolutions that require multiple directors' approval, an OPC board resolution simplifies the decision-making process while maintaining legal compliance. The document must still follow specific formats and requirements set by the Ministry of Corporate Affairs, ensuring proper documentation of corporate decisions despite the simplified structure.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Title and Company Details: Specifies the company name, CIN, registered office address, and that this is a board resolution of an OPC
2. Date and Time: Specifies when the resolution is being passed
3. Attendance: Records that the sole director/member is present
4. Chair: States that the sole director takes the chair
5. Notice of Meeting: Confirms that proper notice of the meeting was given (or waived, as applicable for OPC)
6. Quorum: Confirms that quorum requirements are met (as per OPC requirements)
7. Purpose: Brief introduction stating the purpose of the resolution
8. Resolution Text: The actual resolution being passed, clearly worded in formal language
9. Closure and Authentication: Formal closing of the resolution with signature of the sole director
1. Background/Context: Additional background information when the resolution requires context for future reference
2. Statutory References: References to specific sections of the Companies Act or other relevant laws when the resolution deals with statutory compliance
3. Notes: Any specific notes or conditions attached to the resolution
4. Implementation Instructions: Specific instructions for implementing the resolution, if required
5. Company Seal: Space for affixing company seal if required by the articles of association
1. Supporting Documents: Any relevant documents referenced in the resolution (e.g., agreements, forms, certificates)
2. Financial Details: If the resolution involves financial matters, detailed breakdowns or statements
3. Compliance Certificates: Any required compliance certificates or documentary proof related to the resolution
4. Power of Attorney: If the resolution involves delegating authority, the specific power of attorney details
Authors
Relevant legal definitions
Clauses
Relevant Industries
Information Technology
Retail
Professional Services
Manufacturing
E-commerce
Consulting
Real Estate
Healthcare
Education
Financial Services
Media and Entertainment
Food and Beverage
Relevant Teams
Legal
Compliance
Corporate Secretarial
Administrative
Corporate Governance
Board Secretariat
Executive Office
Relevant Roles
Company Director
Managing Director
Company Secretary
Legal Counsel
Compliance Officer
Corporate Lawyer
Business Owner
Entrepreneur
Chief Executive Officer
Legal Administrator
Corporate Governance Officer
Administrative Officer
Find the exact document you need
Board Resolution For Transfer Of Shares In Demat Form
An Indian corporate resolution authorizing the transfer of dematerialized shares, compliant with Companies Act 2013 and SEBI regulations.
find out more
Board Resolution For Termination Of Lease Agreement
An Indian corporate document recording board approval for terminating a lease agreement and authorizing officers to execute the termination.
find out more
Board Resolution For Renewal Of Bank Guarantee
An Indian corporate document authorizing the renewal of an existing bank guarantee, compliant with Companies Act 2013 and RBI guidelines.
find out more
Board Resolution For Opening Of Suspense Escrow Demat Account
An Indian corporate board resolution authorizing the opening and operation of a suspense escrow demat account, compliant with Companies Act 2013 and SEBI regulations.
find out more
Board Resolution For Grant Of ESOP
An Indian corporate document authorizing the grant of employee stock options, detailing terms and conditions in compliance with Companies Act and SEBI regulations.
find out more
Board Resolution For Forfeiture Of Shares
An Indian corporate document recording the board's resolution to forfeit shares of defaulting shareholders, in compliance with Companies Act, 2013 and relevant regulations.
find out more
Board Resolution For Dormant Company
An Indian corporate document recording the board's resolution to obtain dormant company status under Section 455 of the Companies Act, 2013.
find out more
Board Resolution For Conversion Of Opc To Private Company
An Indian company law document recording the board's resolution to convert from One Person Company (OPC) to Private Limited Company status.
find out more
Board Resolution For Conversion Of Company Into Llp
An Indian board resolution authorizing and documenting the conversion of a company into a Limited Liability Partnership (LLP), in compliance with Indian company law.
find out more
Board Resolution For Company Becoming Partner In LLP
An Indian corporate board resolution authorizing a company's entry as a partner into a Limited Liability Partnership, including investment terms and authorizations.
find out more
Board Resolution For Change Of Registered Office
An Indian corporate document recording the board's formal approval for changing a company's registered office address, governed by the Companies Act, 2013.
find out more
Board Resolution For Authorisation
An Indian corporate document that formally records the board's decision to delegate specific powers or authority to designated individuals or entities.
find out more
Special Resolution For Taking Loan
An Indian corporate resolution authorizing borrowings beyond statutory limits under Section 180(1)(c) of the Companies Act, 2013, requiring 75% shareholder approval.
find out more
Resolution Of Society For Opening Bank Account
An Indian legal document recording a society's formal decision and authorization to open and operate a bank account, including details of approved signatories and banking arrangements.
find out more
Resolution For Appointment Of New Trustee
A legal document under Indian law that formalizes the appointment of a new trustee to an existing trust, compliant with the Indian Trusts Act, 1882.
find out more
Board Resolution For Conversion Of Loan Into Equity
An Indian law-compliant board resolution authorizing the conversion of outstanding loan obligations into equity shares, outlining conversion terms and regulatory compliance requirements.
find out more
Board Resolution For Company Closure
An official resolution under Indian law documenting the Board of Directors' decision and approval for closing down a company's operations.
find out more
Board Resolution For Termination Of Agreement
An Indian corporate document recording the Board of Directors' formal decision to terminate an existing agreement, compliant with the Companies Act, 2013.
find out more
Board Resolution For Subdivision Of Shares
An Indian corporate resolution documenting the board's approval to subdivide company shares into smaller denominations, in compliance with Companies Act, 2013.
find out more
Board Resolution For Issue Of Convertible Notes
An Indian law-compliant board resolution authorizing the issuance of convertible notes, including terms, conditions, and regulatory compliance requirements.
find out more
Unanimous Board Resolution
An Indian corporate document recording unanimous decisions made by a company's board of directors, compliant with the Companies Act, 2013.
find out more
Board Resolution For Redemption Of Debentures
An Indian law-compliant board resolution authorizing and documenting the company's decision to redeem its debentures.
find out more
Board Resolution For Share Purchase Agreement
An Indian corporate document recording board approval for a share purchase transaction, compliant with the Companies Act, 2013.
find out more
Board Resolution For One Person Company
A formal document recording decisions made by the sole director-member of an Indian One Person Company, compliant with the Companies Act, 2013.
find out more
Board Resolution For Demat Account Opening
An Indian corporate governance document authorizing the opening and operation of a company's demat account for securities trading.
find out more
Board Resolution For Change In Shareholding Pattern
An Indian corporate document that formally records and approves changes in company share ownership, compliant with the Companies Act, 2013.
find out more
Appointing A Director By Ordinary Resolution
An ordinary resolution document under Indian company law for appointing a director, including required statutory declarations and compliance documentation.
find out more
Board Resolution To Open Bank Account
An Indian corporate document authorizing the opening of a company bank account and designating account operators, as required under the Companies Act 2013.
find out more
Special Board Resolution
A formal Indian corporate document recording significant Board decisions requiring special majority approval under the Companies Act, 2013.
find out more
Resolution For Transfer Of Shares
An Indian corporate resolution document that formally approves and records the transfer of shares between parties under Indian company law.
find out more
First Board Meeting Resolution
A statutory document under Indian law recording resolutions passed at a company's first board meeting, establishing initial corporate governance framework.
find out more
Board Resolution For Call On Shares
An Indian corporate document recording the board's resolution to demand payment on partly paid shares, specifying call amounts and payment terms under Indian company law.
find out more
Board Resolution For Appointment Of Nominee Director
An Indian corporate resolution documenting the board's approval for appointing a nominee director, as per Companies Act, 2013 requirements.
find out more
Board Resolution For Sale Of Shares Of Subsidiary Company
An Indian corporate resolution documenting board approval for the sale of subsidiary company shares, compliant with Companies Act, 2013.
find out more
Board Resolution For Resignation Of Company Secretary
An Indian company law document recording the Board's acceptance of a Company Secretary's resignation and authorizing related regulatory actions.
find out more
Board Resolution For Purchase Of Shares Of Other Company
An Indian corporate document recording board approval for purchasing shares in another company, compliant with Companies Act 2013 and SEBI regulations.
find out more
Board Resolution For Joint Venture
An Indian law-compliant board resolution documenting approval and authorization for entering into a joint venture arrangement, following Companies Act, 2013 requirements.
find out more
Board Resolution For Increase In Paid Up Capital
An Indian corporate document recording the board's resolution to increase paid-up capital, governed by the Companies Act, 2013.
find out more
Board Resolution For Increase In Authorised Share Capital
An Indian corporate resolution documenting the board's approval to increase the company's authorized share capital, as mandated by the Companies Act, 2013.
find out more
Board Resolution For Declaration Of Dividend
An Indian corporate law document recording the board's formal decision to distribute company profits as dividends to shareholders, in compliance with the Companies Act, 2013.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)