TMI BlogWhether companies seeking exemption under the sub section should indicate in application whether the same has been made with approval of board of directors and forward copy of resolution along with applicationX X X X Extracts X X X X X X X X Extracts X X X X ..... 09;1984. Subject:- Whether companies seeking exemption under the sub‑section should indicate in application whether the same has been made with approval of board of directors and forward copy of resolution along with application It has been noticed that companies who make applications under section 211(4), seeking exemption in regard to the matters to be stated in the balance sheet and pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the application by the board of directors or with its consent. In view of this position, it is necessary that any company which seeks exemption under section 211(4) should indicate in the application whether the same has been made with the approval of the board of directors and forward a copy of the board's resolution in this regard along with the application. X X X X Extracts X X X X X X X X Extracts X X X X
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