Board Resolution For Addition of Authorised Signatory

     

Board Resolution For Addition of Authorised Signatory

"RESOLVED THAT in addition to the existing signing authority to operate the Current Account of the Company, Shri _________ of the Company be and is hereby further authorised to operate the Current Account with _________ Bank for and on behalf of the Company.

FURTHER RESOLVED THAT the Bank be instructed and ordered to honor all cheques or other orders expressed to be drawn on behalf of the Company and to accept and act upon any instructions relating to the account or accounts kept in the name of the company or relating to any transactions of the Company with the Bank provided the cheques, orders or instructions are signed by Shri _____ of the Company.

FURTHER RESOLVED THAT  the Bank be instructed to honor all Bills accepted and Promissory Notes made on behalf of the company payable at said Bank at any time or times provided such bills or notes are signed by Shri _____ of the Company.

FURTHER RESOLVED THAT with regard to all negotiable instruments or documents relating to goods paid into the account for collection or discounted or negotiated with the Bank expressed to be endorsed on behalf of the company, the said Bank be instructed to treat such instruments, and documents as having been duly endorsed on behalf of the company provided they are signed by Shri ______ of the Company.

FURTHER RESOLVED THAT  the Bank be furnished with specimen signature of Shri _______ of the Company duly verified by Shri _______ along with the certified copy of the above said resolution and any changes which may take place therein and be entitled to act upon any such notice until the receipt of further notice under the hand of _________."

Related Post :

Draft Board Resolution For Change in Authorised Signatory for Bank Account

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