Draft Board Resolution for Signing Consent Terms in Court Case

In order to get a consent decree from the court, the parties to a court case file signed copies of consent terms entered into between them.

Consent decree is an order of a judge disposing off a court case based upon the submission of consent terms by the parties.

Consent terms is a written agreement or settlement that resolves a dispute between two parties without admission of guilt or liability.

The consent terms have to be signed by the parties or their representatives. In case a company is a party to the case, the board of directors through a resolution has to authorise someone to sign the consent terms on behalf of the company.

Here is an example of such a board resolution 

FORMAT

#. Signing of consent terms in the .......... case

“RESOLVED THAT the company do negotiate, finalise and execute consent terms with one or more of the defendants i.e. (Name of the Defendant #1), (Name of the Defendant #2) and (Name of the Defendant #3) in the .............. suit no. ........ of ..................... before the Hon’ble High Court of ..................

RESOLVED FURTHER THAT (Name of the Director), (Designation) and (Name of the Officer), (Designation) be and is hereby severally authorised to execute, on behalf of the company, the consent terms and any other documents or affirmations in relation to the aforesaid consent terms to be executed with one or more of the defendants in the suit no. ...... of .................

RESOLVED FURTHER THAT a copy of the resolution certified to be true by the Managing Director or the Company Secretary or any two directors of the company be given as and when necessary.”