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A Board Resolution For Dissolution of Company is a crucial corporate document required under Pakistani law when a company decides to cease operations and dissolve its legal entity. This document is mandated by the Companies Act 2017 and must be filed with the Securities and Exchange Commission of Pakistan (SECP). It is typically used when a company has achieved its objectives, faces insurmountable financial difficulties, or when shareholders decide to discontinue operations. The resolution must include specific declarations regarding the company's financial status, appointment of liquidators, and compliance with legal requirements. It serves as the foundational document for initiating the dissolution process and provides authorization for company officers to proceed with necessary regulatory filings and wind-up procedures.

1. Title and Date: Formal title of the resolution and date of the board meeting

2. Preamble: States the company name, registration number, and that this is a board resolution for dissolution

3. Attendance: Lists all board members present and confirms meeting quorum requirements

4. Background: Explains the reasons and circumstances leading to the decision to dissolve the company

5. Resolutions: The main resolution statements for dissolution, typically including approval of dissolution, appointment of liquidator, and authorization of officers

6. Compliance Statements: Statements confirming compliance with relevant sections of Companies Act 2017 and other applicable laws

7. Authorization: Specific authorizations for company officers to file necessary documents with SECP and other authorities

8. Certification: Statement certifying that the resolution was duly passed at a properly constituted board meeting

9. Signatures: Space for signatures of the Chairman and Company Secretary