Appointment of Cost Auditor and fix his remuneration - BR

Board Resolution to appoint Cost Auditor and fix his remuneration

“RESOLVED THAT pursuant to the provisions of the Companies (Cost Records and audit) Rules, 2014, M/s. _______________, _________________, be and are hereby appointed as Cost Auditor of the Company subject to ratification by the shareholders of the Company, for the year 20__-__, to carry out the Cost Audit and issue Compliance Report in the prescribed form regarding the compliance by the Company of all the provisions of The companies (Cost records and audit) Rules, 2014 and Mr. _________, Director, Mr. _____________, Director of the Company be and is hereby authorized severally to negotiate and finalize the remuneration payable to M/s _____________ in consultation with the said appointment”

Ratification of Remuneration of Cost Auditor - OR

Ordinary Resolution for ratification of remuneration of Cost Auditor pursuant to Section 148 of Companies Act, 2013

“RESOLVED THAT pursuant to the provisions of Section 148 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), the remuneration, as approved by the Board of Directors and set out in the Statement annexed to the Notice convening this meeting, to be paid to the Cost Auditors appointed by the Board of Directors of the Company, to conduct the audit of cost records of the Company for the financial year ending March 31, 2017, be and is hereby ratified."