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Internet banking activation for llp

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 February 2018 Is Board resolution required for activating the Internet Banking with the Bank for Limited Liability Partnership ( LLP) ?
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
27 February 2018 YES IT IS REQUIRED TO PASS RESOLUTION AT THE MEETING OF PARTNERS OF LLP. HOWEVER CHECK THE LLP AGREEMENT AS WELL FOR ANY SPECIFIC PROVISIONS IF ANY.

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