Draft a resolution confirming the remuneration of cost auditors stating the authority, type of resolution and relevant provisions of the Companies Act, 2013.

Authority: Shareholders Type of Resolution: Ordinary Resolution "Resolved that pursuant to the provisions of Section 148 (3) and other applicable provisions, if any, of the Companies Act, 2013 and 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 of ₹2,50,000/-plus applicable taxes and out of pocket expenses, as recommended by the Audit Committee and approved by the Board of Directors of the company, payable to M/s ABC & Associates, Cost Accountants (Firm Registration No.000202) as Cost Auditors to conduct the audit of the relevant cost records of the company for the financial year 2019-20 ending 31st March, 2020 be and is hereby ratified and confirmed. Resolved further that the Mr. X Director of the Company be and is hereby authorised to do all acts, deeds and things including filings as may be required and to take steps as may deemed necessary, proper or expedient to give effect to this Resolution and matters incidental thereto"