Board resolution

This query is : Resolved

Ritu Agarwal (Querist)
Follow

05 April 2013 Dear All,

Please help me in drafting a board resolution which will be related to a peron authorizing him to sign all the bank documents and also to attend the consortium meeting of the banks and all the other powers required.

Thanks & Regards,

Ritu Agarwal
C.S. LL.B.

Ajay Mishra

Ajay Mishra (Expert)
Follow

08 April 2013 CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY BOARD OF DIRECTORS OF ............LIMITED HELD ON FRIDAY, NOVEMBER 09, 2012 AT 12:30 P.M. AT .........

OPENING OF BANK ACCOUNT WITH PUNJAB NATIONAL BANK

“RESOLVED THAT a current bank account in the name and style of the Company be opened with Punjab National Bank having its Corporate Branch office at H-1A/11 Sector-....... and Mr. ........, Authorised Signatory of the company be and is hereby authorised to sign the documents to open the said account and authorised to honour all cheques signed jointly by two of the following: :

a.) Mr. ...., Authorised Signatory
or
b.) Mr. ...., Authorised Signatory
or
c.) Mr. ......, Authorised Signatory

RESOLVED FURTHER THAT the aforesaid bank be and is hereby instructed to honour all cheques, promissory notes and other orders drawn by and all bills accepted on behalf of the company whether such account be in credit or overdrawn and to accept and credit to the account of the company all moneys deposited with or owing by the bank or any account or accounts at any time or times kept or to be kept in the name of the company and the amount of all cheques, notes, bills, other negotiable instruments, orders or receipt provided they are endorsed/ signed by the said person on behalf of the company and such signature shall be sufficient authority to bind the company in all transactions between the bank and the company including those specifically referred to herein.”

Certified to be true
For ..........India Limited

Director

Ajay Mishra

Ajay Mishra (Expert)
Follow

08 April 2013
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY BOARD OF DIRECTORS OF ......INDIA LIMITED HELD ON WEDNESDAY, FEBRUARY 13, 2013 AT 12:30 P.M. AT FC-23, .......

CHANGE IN AUTHORISED SIGNATORY TO THE CURRENT BANK ACCOUNT NO. 00882320009880

“RESOLVED THAT in supersession to all other resolution passed earlier by the Board of Directors in its meeting in respect of the Current Bank Account bearing no. 00882320009880 in the name of the company existing with HDFC Bank Limited, Sector-18, Gurgaon Branch, be and is hereby authorised to honour all cheques signed jointly by any two of the following: :

a.) Mr. ....., Authorised Signatory
or
b.) Mr. ...., Authorised Signatory
or
c.) Mr. ....., Authorised Signatory

RESOLVED FURTHER THAT the aforesaid bank be and is hereby instructed to honour all cheques, promissory notes and other orders drawn by and all bills accepted on behalf of the company whether such account be in credit or overdrawn and to accept and credit to the account of the company all moneys deposited with or owing by the bank or any account or accounts at any time or times kept or to be kept in the name of the company and the amount of all cheques, notes, bills, other negotiable instruments, orders or receipt provided they are endorsed/ signed as above on behalf of the company and such signature shall be sufficient authority to bind the company in all transactions between the bank and the company including those specifically referred to herein.”

Certified to be true
For ............ India Limited

Company Secretary

Upgrade to CAclubindia Pro. Subscribe Now!