Acceptance of Deposits

Acceptance of Deposits from Members

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Board Resolution

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Acceptance of Deposits

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Resolution No.

BR-ACCEPTANCE-OF-DEPOSITS-20260613

Company letterhead

Your company name

CIN will appear here when provided

Board resolution draft

Date

2026-06-13

Resolution type

Acceptance of Deposits

Certified true copy of the resolution passed at the meeting of the Board of Directors

Meeting date: 2026-06-13
Meeting time: ________________
Chairperson: ________________
Meeting venue: ________________
Quorum: The quorum required under the Companies Act, 2013 and the Articles was present throughout the meeting.

Resolved that

pursuant to Sections 73 and 76 and other applicable provisions of the Companies Act, 2013 and the Companies (Acceptance of Deposits) Rules, 2014, and subject to the Company being eligible to do so, the consent of the Board be and is hereby accorded to invite and accept deposits from members up to an aggregate amount of INR ____________ on the terms summarised in ____________.

FURTHER RESOLVED THAT the draft circular / offer document and related terms placed before the meeting be and are hereby approved, subject to such modifications as may be required under applicable law.

FURTHER RESOLVED THAT ____________ be and is hereby authorised to issue the circular, open / maintain the deposit repayment arrangements, file the requisite returns and do all such acts, deeds and things as may be necessary to give effect to this resolution.

Proposed by

Seconded by

Director signature

Company secretary / authorised signatory

Certified true copy

Certified to be a true copy of the resolution passed by the Board of Directors of Your company name.

Certifying authority

________________

Date of certification

2026-06-13

Your company name
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS
Meeting date: 2026-06-13
Quorum: The quorum required under the Companies Act, 2013 and the Articles was present throughout the meeting.
Resolution No.: BR-ACCEPTANCE-OF-DEPOSITS-20260613
Date: 13 June 2026
RESOLVED THAT
pursuant to Sections 73 and 76 and other applicable provisions of the Companies Act, 2013 and the Companies (Acceptance of Deposits) Rules, 2014, and subject to the Company being eligible to do so, the consent of the Board be and is hereby accorded to invite and accept deposits from members up to an aggregate amount of INR ____________ on the terms summarised in ____________.

FURTHER RESOLVED THAT the draft circular / offer document and related terms placed before the meeting be and are hereby approved, subject to such modifications as may be required under applicable law.

FURTHER RESOLVED THAT ____________ be and is hereby authorised to issue the circular, open / maintain the deposit repayment arrangements, file the requisite returns and do all such acts, deeds and things as may be necessary to give effect to this resolution.

Secretarial notes

This is a higher-risk secretarial area, so the board file should track eligibility, circular content, repayment arrangements, and disclosure steps carefully.

Supporting papers

• Eligibility note under the deposits framework
• Draft circular / offer document and repayment arrangement papers
• Deposit register / tracking model and return working papers

Registers and records

• Minute book of the Board of Directors
• Deposit register and compliance tracker

Post-approval actions

• Issue the approved circular only after the compliance preconditions are satisfied
• Maintain deposit acceptance and repayment records on a rolling basis
• Track DPT-3 and related annual disclosure obligations carefully

Entity-specific watchouts

Private Limited

Use the classic board-resolution pathway, but still reconcile shareholder thresholds, constitutional restrictions, and filing-driven timing before circulation.

• Check whether member approval is also required under the Companies Act, 2013 or the Articles.
• Keep the register updates, ROC filings, and certified true copy trail aligned with the board date.
• Where banking, cap table, or governance powers shift, update the internal authority matrix immediately after approval.

Need the full workflow?

Move the resolution into the Comply plan.

If you want the rest of the annual compliance stack around this resolution, upgrade to Comply and keep the filings coordinated.

See Comply plan Open portal dashboard