Appointment of Cost Auditor and fix his remuneration - BR

Board Resolution to appoint Cost Auditor and fix his remuneration

“RESOLVED THAT pursuant to the provisions of the Companies (Cost Records and audit) Rules, 2014, M/s. _______________, _________________, be and are hereby appointed as Cost Auditor of the Company subject to ratification by the shareholders of the Company, for the year 20__-__, to carry out the Cost Audit and issue Compliance Report in the prescribed form regarding the compliance by the Company of all the provisions of The companies (Cost records and audit) Rules, 2014 and Mr. _________, Director, Mr. _____________, Director of the Company be and is hereby authorized severally to negotiate and finalize the remuneration payable to M/s _____________ in consultation with the said appointment”