CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF (COMPANY NAME HERE) HELD AT THE REGISTERED OFFICE OF THE COMPANY AT (REGISTERED OFFICE ADDRESS HERE) ON (DATE OF PASSING BOARD RESOLUTION HERE) AT (TIME OF PASSING BOARD RESOLUTION HERE)
The Chairman informed the Board that the change in authorized signatories for Current Account No: XXXXXXXXXXX at Branch PQR, ABC Bank, board discuss on the matter and pass the following resolution:
“RESOLVED THAT in supersession to all other resolution passed earlier by the Board of Director in its meeting in respect of the Current Account bearing no. XXXXXXXXXXX in the name of the company existing with ABC Bank, Address: 123, Main Street, XYZ Place, State, India, PIN-XXXXXX, ABC Bank be and is hereby authorized to honor all cheques signed:
a) Solely by Mr. D, Managing Director/Director, or
b) Jointly by any two of the following:
- Mr. E, or
- Mr. F, or
- Mr. G
RESOLVED FURTHER THAT the aforesaid bank be and is hereby instructed to honor all cheques, promissory notes and other order drawn by and all bills accepted on behalf of the company whether such account is in a credit or overdrawn and to accept and credit to the account of the company all money deposited with or owing by the bank or any account or accounts at any time or times kept or to be kept in the name of the company and the amount of all cheques, notes, bills other negotiable instruments order or receipts provided they are endorsed/ signed as above on behalf of the company and such signature(s) shall be sufficient authority to bind the company in all transactions between the bank and the company including those specifically referred to herein.
RESOLVED FURTHER THAT Mr. D or any two of the above directors of the company, be and are hereby severally authorized to sign and submit the application and to do such other acts, deeds, and things as may be necessary to give effect to this resolution.”
// Certified True Copy //
For (COMPANY NAME HERE)
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(NAME OF THE AUTHORISED DIRECTOR HERE) DIRECTOR DIN: ADDRESS:
