Template Format for Resolution of Board Directors
It is hereby certified that following resolution u/s (number of companies) Ordinance, 1984 was passed by the board of Directors of (Company/Organization Name) at a meeting held on (Date) at.
Resolved that (Company/Organization) has requested that they are not in a position to pay any mark up the at this moment in time since they are facing liquidity crunch, hence the mark up on the investment made in (Company/Organization) has been deferred to the next financial year.
The Resolution has duly been recorded in the minutes of the book of the company. Certified copy has been delivered to all board members for record.