Format

Resolved That Mr./ Ms. _____ [Name and Designation of the authorized person] of the Company be and are hereby severally authorized to close the Current Account No. _____ maintained with _____ Bank for and on behalf of the Company, and to make, sign and execute such papers, applications, forms and other documents as may be necessary, desirable or expedient for the …

Draft Board Resolution for closure of Bank Account Read More »

Resolved That in supersession of all earlier resolutions passed in this regard, the authorized signatories to the Company’s Bank Account No. ______ maintained with ______ [Name of the Bank] at its Branch at ______, be and is hereby modified as follows with the following members: ______ ______ ______ Resolved Further That the aforesaid Bank be and is hereby instructed …

Draft Board Resolution to change the list of Authorised Signatories for Bank Account Read More »

Resolved That the consent of the Board be and is hereby accorded for availing the Internet Banking facility in respect of a Current Account No. ______ of the Company maintained with ______ [Name of the Bank] at its Branch at ______. Resolved Further That Mr./ Ms. ______ [Name and Designation of the authorized person] of the Company be and is …

Draft Board Resolution for availing Net Banking facility Read More »

Resolved That a Current Account (Account) be opened with _____ Bank, _____ Branch in the name of M/s. _____ (“the Company”) and the Company do hereby accept such terms, regulations, conditions and / or stipulations as laid down by _____ (“Bank”) for this purpose. Resolved Further That the Account shall be opened by following directors …

Draft Board Resolution for opening of Bank Account Read More »

Resolved That the amounts noted against each of the items mentioned below appearing in the books of account of the company for the financial year ended on _____ be and are hereby written off. S. No. Name of the party Amount (Dr./Cr.) Justification of writing off [•] [•] [•] [•] Resolved Further That Mr./ Ms. ______ [Name and …

Draft Board Resolution for Writing off Bad debts Read More »

Resolved That the Company do hereby obtain and avail financial assistances (the “Facilities”) from ______, ______ [Name and address of the Bank] by way of a Bank Guarantee for an amount not exceeding Rs ______ (Rupees ______ [in words] only) against the security of the ______ as detailed below, on such terms and conditions as may …

Draft Board Resolution for Approval of Availing Bank Guarantee Read More »

Resolved That Mr./ Ms. ______ [Name and Designation of the authorized person] of the Company, be and is hereby authorized to be the Attorney of the Company for such purposes and with such powers, authorities and discretion as embodied in the draft Power of Attorney, a copy of which is placed before the Board by the …

Draft Board Resolution for Grant of General Power of Authority Read More »

Resolved That the Company do apply for Legal Entity Identifier in the ______ [Name of the Company]; Resolved Further That any one of the following officials of the Company, be and is hereby authorized to sign all agreements, power of attorney, documents, writings, applications/online applications, indemnities, undertakings and such other documents, as may be required from time to …

Draft Board Resolution For Obtaining Legal Entity Identifier Read More »

Resolved That consent of the board be and is hereby accorded to take on lease ______ [Description of the asset] from ______ [Name of the Lessee] for the use of the Company on the terms and conditions set out in the draft Lease Agreement a copy of which duly signed by the Chairman for the purpose …

Draft Board Resolution for Authorisation for entering into Lease Agreement Read More »

Resolved That <Mr./ Ms. ______ [Name and Designation of the authorized person] of the Company, be and is hereby authorised to sign on all kinds of physical or digital forms and documents to do such acts, make such declarations and all such activities as may be required under applicable provisions of Companies Act, 2013 and …

Draft Board Resolution to authorise filing of Forms under Companies Act Read More »