Originally posted by : Hemali |
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Thanks for the opinion...
I have the same opinion...that now passing the Board resolution will be of no use.
According to me for all non operative accounts we can take the resolution and for bank accounts which are already closed by bank... we can obtain letter from bank for the such closure. I mean stating the reason and the action taken by them(i.e closing the bank account) and also the action taken for the balance amount lying with them, and the same letter can be place before the board for noting.
Kindly let me know the opinion on this.
regards,
Hemali |
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Hello Hemali,
I Agree to Gurmukh & Sudhir.
But Banks before closing bank accounts though in-operative would intimate the company.
It cannot take solo action, as they are current accounts and transactions can take place as and when there is
Business activity. But if they have not intimated then, as stated
by you proceed to collect the letter and reason of closure and take note of the same in the board meeting,
and record in your minutes.
regards
Santosh Shah