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BOARD RESOLUTION
Extract from the Minutes of the Meeting of the Board of Directors of M /S ARDEE HI-TECH PRIVATE
LIMITED duly conveyed, held and constituted on (30/01/2023) at the (D.NO-38-22-148, UNIT NO C1 C2
ROAD, NO-4,INDUSTRAIAL ESTATE,104 AREA,VISAKHAPATNAM-530008. ) bearing serial no.02 (here
mention the numerical Serial No. of the Board Resolution as recorded/entered in the Minutes Book of the
Company
The Chairperson reported that arrangements were proposed with HDFC Bank Ltd., whereby the Company
would be granted a loan facility of Rs. 8,53,000/- (EIGHT LAKHS FIFTY THREE THOUSAND RUPEES
ONLY) for the purpose of meeting the costs of acquiring of ONE (Number) Motor vehicle/vehicles TRIBER
on the terms set out in the printed loan documents of the Bank for such loan which was tabled at the
meeting.
It was term of the arrangements that the Company would charge by way of Hypothecation of its above
vehicle/vehicles now owned/to be acquired with such loan to the Bank as set out in the Composite
Agreement for < AUTO LOAN > and Guarantee and the Power of Attorney both included in the above loan
documents which was tabled in the meeting.
IT WAS RESOLVED as follows:
1) That this loan of 8,53,000/- (EIGHT LAKHS FIFTY THREE THOUSAND RUPEES ONLY) to be
repayable in equated monthly instalments not exceeding (60) months be arranged by the Company
with the Bank on the terms set out in the above loan documents now produced to the meeting and
approved.
2) That the Company do charge by way of Hypothecation in favour of the Bank as continuing security of
its vehicle/vehicles mentioned above to secure repayment of the monies, obligations and liabilities
covenanted to be paid in the composite Agreement for <AUTO LOAN> and Guarantee included in
the above loan documents which was produced at the meeting.
3) That the said Agreement and the Power of Attorney (included in the above loan documents) in favour
of the Bank and produced at the meeting be and same are hereby approved.
4) Mr./Mrs. GODA VENKATA RAMANA of the Company is instructed and authorized to sign and
execute,
(a) Composite Agreement for < AUTO LOAN > and Guarantee
(b) Power of Attorney
(c) Promissory Note
(d) Loan Repayment Instructions
(e) Any other document that may be required by the Bank on behalf of the Company and deliver
the same to the Bank
..
5) The Company undertakes to submit copy of Post Delivery Documents (Invoice, RC Book &
Insurance) to the Bank within 30 days of disbursement of the loan
6) Resolved further that the company do hereby authorise the bank for engaging the services of its
empanelled vendor-professional for the purpose of certification and filing of e-form CHG-1/CHG-4( as
the case may be) for and on behalf of the company and attend to all such matters incidental thereto."
7) RESOLVED FURTHER THAT Mrs._ GODA VENKATA RAMANA & RENU GUPTA * be and are hereby
authorized, jointly / severally, to affix the Common Seal of the Company on all the agreements,
documents, writings and instruments as may be required by HDFC Bank, in conformity with provisions
of the Articles of Association of the Company/ the Companies Act, 1956 or the Companies Act, 2013.
8) "RESOLVED THAT any one of Director of the Company be and is hereby authorized to digitally sign
charge form and and to arrange for the filing with the Registrar of Companies (if required in law) of all
necessary forms consequent upon the business deal with at this meeting.
IT IS HEREBY CERTIFIED that the above is a true extract from the Minutes of the Meeting of the Board of
Directors of the Company and that the resolution set out above were duly passed in accordance with and
comply with the Memorandum and Articles of Association and the Provisions of the appropriate Statutes,
Rules and Regulations relating to the management and affairs of the Company and that neither such
resolutions nor drawing under above facility will infringe any restrictions on borrowing, changing or
otherwise affecting the Company or the Board.
For M/S ARDEE HI-TECH PRIVATE LIMITED For M/S ARDEE HI-TECH PRIVATE LIMITED
___________________________ ___________________________
(Signature of the Person certifying (Signature of person being
as true copy with rubber stamp) authorized by the resolution
Name: GODA VENKATA RAMANA Name: RENU GUPTA
Din no.: 00090349 Din no.: 00271263
Date: 30/01/23 Date: 30/01/23

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BOARD RESOLUTION

IT WAS RESOLVED as follows:

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