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The Corporate Resolution To Sell (Real Estate) is a crucial document required under Pakistani law whenever a company intends to dispose of real estate assets. It serves as formal evidence that the company's board of directors has approved the sale transaction in accordance with the Companies Act 2017 and corporate governance requirements. This document is essential for demonstrating proper corporate authorization to potential buyers, property registrars, and regulatory authorities. It must include specific details about the property, sale terms, and designated company representatives authorized to execute the sale documents. The resolution should be prepared in compliance with both corporate laws and property regulations in Pakistan, including requirements under the Transfer of Property Act 1882 and Registration Act 1908. It forms part of the mandatory documentation required for property transfer registration and helps protect the company's interests by ensuring proper authorization and documentation of the sale decision.

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

2. Company Details: Full legal name of the company, registration number, and registered office address

3. Attendance and Quorum: List of directors present and confirmation of meeting quorum

4. Background: Context of the proposed sale and business rationale

5. Property Details: Complete legal description and location of the real estate being sold

6. Sale Terms: Key terms including sale price, payment terms, and basic conditions

7. Authorization: Specific authorization for the sale and designated company representatives

8. Execution Authority: Names and designations of authorized persons to execute sale documents

9. Certification: Secretary/Director's certification of the resolution's validity