You are requested to draft sample minutes of a board meeting in which the transaction of a share transfer, along with the usual items of business, was conducted, in accordance with the provisions of the Companies Act, 20

Sample Minutes of the Board Meeting Minutes of the___________ Meeting of the Board of Directors of ___________ (Company Name) held on ___________ (Day)____________ (Date, Month and Year), at ___________ (Venue) from (Time of Commencement) PRESENT: A.B.___________Chairman C.D.___________Directors E.F.___________Directors I.J.___________Directors K.L.___________Managing Director IN ATTENDANCE X.___________Secretary INVITEES Y___________Chief Financial Officer 1. Chairman for the Meeting Mr/Ms... was elected as the Chairman for the Meeting. 2. Leave of absence Leave of absence from attending the Meeting was granted to Mr. M.N. and Mr. O.P. who expressed their inability to attend the Meeting owing to their preoccupation. 3. Quorum The business before the Meeting was taken up after having established that the requisite quorum was present. 4. Minutes of the previous Board Meeting The Minutes of the ___________ Meeting of the Board of Directors of the company held on___________ as circulated, were noted by the Board and signed by the Chairman. 5. Minutes of the Committee Meetings The Minutes of the ___________ Meeting of the ___________ Committee held on ___________ as circulated, were noted by the Board. 6. Resolution passed by circulation since the last Meeting. The following Resolution was passed by circulation on ___________ (Date of passing of the Resolution) in terms of the provisions of Section 175 of the Companies Act, 2013. "RESOLVED THAT Mr.___________ Director dissented on the Resolution. 7. Action Taken Report The following action taken was noted by the Board: Item No. Item Action Taken 8. Register of Contracts The Register of Contracts in which Directors are interested under Section 189 of the Companies Act, 2013 and the Rules thereunder was signed by all the Directors present. 9. Notices of Disclosure of Interest of Directors (a) The following Notices received from the Directors of the company, notifying their interest in other bodies corporate pursuant to the provisions of Section 184 of the Companies Act, 2013, were read and recorded: Name of the Director Nature of Interest Date of Notice (b) A Notice dated received from Mr. I.J. pursuant to the provisions of Section 170 of the Companies Act, 2013, disclosing his shareholding and the shareholding of Mrs. L.J. in the company was read and recorded. 10. Share Transfers Reference was made to Mr. ___________'s note dated on the subject, as circulated. The Share Transfer Register. of the company was also placed before the Meeting. The Board, after discussion, passed the following Resolution unanimously: "RESOLVED THAT Share Transfers Nos ___________ to ___________ (Both inclusive) consisting of Equity shares of the company, be approved and the names of the transferees be entered in the Register of Members. RESOLVED FURTHER THAT Mr. X, Secretary, be and is hereby authorised to take necessary action with regard to the aforesaid transfer of shares approved by the Board." 11. Conclusion of the Meeting There being no other business, the Meeting concluded at (Time) with a vote of thanks to the Chair. Date___________ Place___________