This tool generates a draft resolution for reference only. It does not constitute legal advice and must be reviewed by a qualified professional before use in any board meeting, filing, or submission to a bank/ROC.
Resolution Type
Company & Meeting Details
Resolution Details
Preview
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS OF [COMPANY NAME] (CIN: [CIN]) Registered Office: [REGISTERED OFFICE ADDRESS] AT THE MEETING OF THE BOARD OF DIRECTORS HELD ON [DATE] AT [TIME] AT [PLACE], [CHAIRPERSON NAME] IN THE CHAIR, AND QUORUM BEING PRESENT THROUGHOUT AS REQUIRED UNDER SECTION 174 OF THE COMPANIES ACT, 2013, THE FOLLOWING RESOLUTION WAS PASSED: "RESOLVED THAT pursuant to Section 179(3)(a) of the Companies Act, 2013, the consent of the Board of Directors be and is hereby accorded to open a current account with [BANK NAME], [BRANCH ADDRESS], in the name of the Company, and that the Company be and is hereby authorised to operate the said account. RESOLVED FURTHER THAT [AUTHORISED SIGNATORY NAME(S) AND DESIGNATION] be and are hereby authorised, jointly or severally, to operate the said bank account, including to sign cheques, withdrawal forms, and other instruments, and to give instructions to the bank on behalf of the Company in relation to the said account. RESOLVED FURTHER THAT a certified copy of this resolution be furnished to the bank and that the bank be entitled to act on the instructions of the aforesaid authorised signatory(ies) until written notice of revocation of this resolution is received by the bank." Certified to be a true copy. For [COMPANY NAME] _______________________ [CHAIRPERSON NAME] Director Date: [DATE]
This draft is generated from a standard template and may not reflect your company's Articles of Association or specific requirements. Have it reviewed before use. Contact us.