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Discussion > Corporate Law > Resolutions >

Board resolution

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Chartered Accountant

[ Scorecard : 532] 		Posted On 18 June 2012 at 16:58 Report Abuse

please provide a format of board resolution to keep companies property mortgage in favour of loan to director:

Mr. X director of co. xyz  pvt ltd. approaches bank for cc facility , bank ask for resolution to allow companies property to be kept in mortgage as security for loan

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