rabindra dugar (company secretary) (40 Points)
26 July 2010My company want to apply for the full time foreign money changer license for the reserve bank. can anybody help me to draft the Board Resolution to be passed for this purpose
namrata
(company secretary )
(422 Points)
Replied 27 July 2010
Hi ,
Please find attached herewith board resolution as required by you. I hope it is of sum use to you.
CERTIFIED TRUE COPY OF THE RESOLUTIONS PASSED IN THE MEETING OF BOARD OF DIRECTORS OF XYZ LIMITED HELD ON ________________AT THE REGISTERED OFFICE OF THE COMPANY..
"RESOLVED THAT the company do hereby adopt the business of Money Changer, either full fledge or restricted, and. to purchase and sell foreign currencies in the form of bank notes and coins, purchase and sale of travellers cheques, handling of remittance business in both the local and foreigncurrencies and other related services as may be deemed necessary for carrying out the transactions of the company.
RESOLVED FURTHER THAT the Board of Directors of the Company be and are hereby authorised to do all such acts, deeds and things as may be necessary for'giving effect to the above resolution."
Certified True Copy
For XYZ LTD
DIRECTOR
Regards
namrata
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