Board resolution- insertion of name of an employee as a signatory for operating Bank account
Ashwini Shah
Venkat Ragavan
"RESOLVED THAT Shri ABC, Manager (Accounts) of the Company be and is hereby authorized to operate the Bank Accounts of the Company singly with the ___ Bank ,_____, _____ and State Bank ______ , __________ ,____ to the extent of Rs. 10.00 lacs at a time.
RESOLVED further that the aforementioned two banks be and are hereby authorized to honour all cheques, drafts, bills of exchange, promissory notes and other negotiable instruments signed, drawn, accepted or made on behalf of the Company by said Shri ABC, Manager (Accounts) of the Company, and to act on any instructions relating to the said Banking Account of the Company whether the same be overdrawn or not or relating to the transactions of the Company.
OR
RESOLVED THAT with regard to operation of the Current Account () maintained by the company with Bank Ltd., _____________in addition to the present authorized signatories, Mr. ____, also be hereby authorized to severally operate the Account without any limits.
RESOLVED FURTHER THAT this
resolution be communicated to the Bank under the hand of Mr. _______,Director, of the company
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