86.Board Resolution-Sale of land of a company

“RESOLVED THAT the consent of the company be and is hereby accorded to sale <>. Acres of land of the company in Survey no: …………..   in…………..village in < > dist.  to M/s. < >”. "RESOLVED FURTHER THAT Mr. <>, Director of the Company be and is hereby authorised to negotiate, settle the terms and conditions and the most advantageous price for sale of the company's property bearing Sy.No.--- situated at ------- having an area of ---- sq. mts and sign and execute the requisite Agreement for sale, sale deed and such other documents as may be found necessary, modify or amend the documents so executed where necessary and to complete all administrative, revenue and legal formalities of sale, including present the documents so signed by him on behalf of the Company for registration before the Registrar and do all such other acts, deeds and things as are incidental or consequential thereto." “RESOLVED FURTHER THAT the common seal of the company, wherever required, be affixed subjected to the provisions of the Articles of Association of the company, for the completion of aforesaid documentation”