CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF XYZ COMPANY PRIVATE LIMITED HELD AT THE REGISTERED OFFICE OF THE COMPANY AT (REGISTERED OFFICE ADDRESS HERE) ON 23-07-2020 AT 10.00 P.M.
“RESOLVED THAT the company do avail the ‘Corporate Internet Banking’ service for the Account opened with __________ (name of the Bank) at its _________ (branch address) and the company do accept such terms, conditions, stipulation laid down by the Bank from time to time for the purpose.”
“RESOLVED FURTHER THAT the company do execute necessary documents, agreement form(s), authority letter(s) and/or any other related documents from time to time for this purpose and accept its terms and conditions including any modifications thereof.”
“RESOLVED FURTHER THAT the following officials be hereby singly/jointly authorised to accept, sign, execute, deliver and complete all documentation, agreements, account opening forms, and accept and abide by the modifications and/or variations in any or all the terms and conditions from time to time and to nominate, substitute, revoke and vary mandate etc. from time to time and on behalf of the company, in order to apply for and avail and operate the ‘Corporate Internet Banking’ facility provided by the ______Bank.”
| S. No | Name of the Signatory | Designation | Category | Limit |
| 1 | ||||
| 2 |
“RESOLVED FURTHER THAT all the above authorised officials are also authorised to operate on behalf of the company through ‘Corporate Internet Banking’ service on the company’s accounts including by causing a debit balance in company’s account(s) with the ________ Bank and/or continually operate the account(s) even when overdrawn, as per the access specifications authorised in Corporate Internet Banking form.”
“RESOLVED FURTHER THAT ________Bank be and is hereby authorized to accept all instructions given or initiated through the ‘Corporate Internet Banking’ service through initiator and approver from all or any one of the above signatories in respect of company’s account/s. The company does agree to hold the Bank harmless and indemnifies and agrees to keep the Bank’s interest protected on account of the bank executing such instructions by the above signatories in the manner provided here in above.”
“RESOLVED FURTHER THAT a copy of this resolution shall hereby be submitted with _______ Bank duly certified by all or any of the persons so authorised by the Company/ Corporate.”
//Certified True Copy//
For XYZ Company Private Limited
—physical signature here—
Authorised Director's Name Here Director Address: DIN:
