Board Resolution – Opening Bank Account

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF [COMPANY NAME] HELD ON WEDNESDAY, [DATE], HELD THROUGH VIDEO CONFERENCING AND DEEMED TO BE HELD AT THE REGISTERED OFFICE OF THE COMPANY SITUATED AT PLOT NO. [ADDRESS], [PLACE] – [PIN] AT [TIME]

TO OPEN THE COMPANY’S CURRENT ACCOUNT WITH [BANK NAME].

“RESOLVED THAT, the consent of the Board be and is hereby accorded to open the Company’s Current account with [BANK NAME], [BRANCH NAME] branch in the name of [COMPANY NAME] and to continue the business of the Company with the said account.”

“RESOLVED FURTHER THAT, Mr. [DIRECTOR NAME] & Mr. [DIRECTOR 2 NAME], the Directors of the Company be and are hereby severally authorized to do all such acts, deeds and things and to sign all such documents, papers and writing as may be necessary in relation to opening of the said current account.”

“RESOLVED FURTHER THAT, [BANK NAME] hereby instructed to honour all the cheques, Bills of Exchange, Promissory Notes and any other orders drawn, made, accepted, endorsed or lodged for collection on behalf of the Company signed by Mr. [DIRECTOR NAME] or Mr. [DIRECTOR 2 NAME], the Director of the Company singly.”

“RESOLVED FURTHER THAT, [BANK NAME] hereby instructed to provide the net banking facility to Mr. [DIRECTOR NAME] & Mr. [DIRECTOR 2 NAME], the Director of the Company singly or jointly for conducting the financials affairs of the Company.”

“RESOLVED FURTHER THAT, Mr. [DIRECTOR NAME] or Mr. [DIRECTOR 2 NAME], the Directors or any other Director as may be authorized by board are hereby authorized to accept the terms and conditions as contained in the application form (Account Opening form) or any other terms and conditions as may be notified by the bank in this connection.”

FOR [COMPANY NAME]

_____________________________________ ________________________________

[DIRECTOR NAME], [DIRECTOR 2 NAME],

DIRECTOR DIRECTOR

DIN: [●] DIN: [●]