Kathmandu. Himalayan Life Insurance Limited (HLIC) has concluded its 19th Annual General Meeting (AGM). The company’s AGM was held at Amrapali Banquet in Naxal, Kathmandu on Wednesday. The AGM unanimously approved the Annual Report of the Board of Directors (FY 2081/82), Auditor’s Report, Statement of Balance Sheet and Statements of Profit / Loss and Statement of Cash Flow and related schedules for the period of FY 2081/82 (2081/82).
Likewise, the meeting unanimously endorsed the appointment of independent director Gopal Ghimire and Deepak Nepal’s appointment as director.
Likewise, the AGM approved the financial statements of Himalayan Investment Banker Limited, its subsidiary company, for FY 2081/82 and SAR Shrestha as external auditor for FY 2082/83 as per the recommendation of the Board of Directors. Associates Chartered Accountants have been appointed.
The Board of Directors shall be authorized to make any changes, amendments and modifications to the proposed matters of the Company if directed by the regulatory bodies and in accordance with Section 105 (1) (c) of the Companies Act. It has also approved the expenditure incurred in 82 years.
