DOC-004 · Board Resolution for NBFC Business

Purpose, Benefit & Risk Coverage

Purpose

Formally record the Board's approval of the company's intention and authority to carry on NBFC business activities.

Benefit

Establishes corporate authority to undertake NBFC operations — relied on by RBI, lenders, partners and auditors.

Risk Coverage

Ultra-vires action, governance lapse, challenge to authority of acts by directors / officers.

Responsibility Matrix

Department

Board, Secretarial & Compliance

Responsible Roles

Company Secretary · Compliance Officer · Managing Director

Approval Authority

Board of Directors

Reviewers

Legal Head

Statutory Basis

Companies Act, 2013 — Section 179; RBI NBFC governance directions.

Required Attachments

Notice of meeting · Attendance register extract

Missing Data Action Register

BBAI suggestions use this document's type, evidence, mapped roles, dates, approvals and compliance linkage.

Field: Meeting date

Field: Meeting venue

Field: Quorum

Field: Resolution number

Field: Authorised signatories

Evidence: Notice of meeting

Evidence: Attendance register extract

Missing file

Missing date

Missing board approval reference

Missing signatory

Missing supporting material

Document-specific Risk Coverage

Board authority risk
NBFC business authorisation risk

Generate Draft

12 missing inputs

Company Name *Required for the controlled document output.CIN *Required for the controlled document output.Registered Office *Required for the controlled document output.Authorised Signatory *Required for the controlled document output.Effective Date *Required for the controlled document output.Reference NumberOptional supporting information.Internal RemarksOptional supporting information.Meeting Date *Required for the controlled document output.Meeting Venue *Required for the controlled document output.Resolution Number *Required for the controlled document output.Responsible Officer *Required for the controlled document output.Meeting venue *Required for the controlled document output.Quorum *Required for the controlled document output.Authorised signatories *Required for the controlled document output.

Supporting Uploads

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