Approving Sale of Forfeited Shares - BR

Board Resolution Approving Sale Of Forfeited Shares

“RESOLVED THAT _________ equity shares of ` __________ each bearing Distinctive Nos. _________ to _________, both inclusive, previously registered in the name of Shri __________ and forfeited on __________ as per declaration duly signed by the Company Secretary and placed on the table, be and are hereby sold to Shri _________ for ` __________ per share and that, upon payment of that sum, an equity share certificate of equity shares credited with ` ___________ paid-up per share be issued to the said Shri ___________ accordingly.”