“RESOLVED THAT a Current Account in the name of the company be opened with State Bank of India, ............., New Delhi ......., and Mr. ..........., Director of the company be and is hereby authorized to sign or accept all cheques, bill of exchanges, promissory notes and other orders.
RESOLVED FURTHERTHAT the aforesaid bank be and is hereby instructed to honour all cheques, promissory notes and other orders drawn by and all bills accepted on behalf of the company whether such account be in credit or overdrawn and to accept and credit to the account of the company all moneys deposited with or owing by the bank or any account or accounts at any time or times kept or to be kept in the name of the company and the amount of all cheques, notes, bills, other negotiable instruments, orders or receipt provided they are endorsed/ signed by the said person on behalf of the company and such signature shall be sufficient authority to bind the company in all transactions between the bank and the company including those specifically referred to herein.”
Certified to be true
For .................... Private Limited
COMPANY SECRETARY NCFM (Corporate Governance )
[ Scorecard : 664]
Posted On 18 November 2010 at 10:48
In supersession with the earlier resolution passed, Resolved that Mr. ____ would be added as authorised signatories in the current account no _______ with _____ Bank Ltd, ______ Branch, Ahmedabad .
Further resolved that the above current account would be operated SINGLY or jointly by the following signatories:-
1 Mr________Authorised Signatory
Further resolved that the above mentioned change to be intimated to _____ Bank Ltd, _______ Branch, Ahmedabad.
Operation of Bank Account-Change therein-supersession of all resolution-Board Resolution
"RESOLVED that in supersession of all resolutions passed in this behalf, the following Officers of the Company be and are hereby authorised to operate singly the Company's Current Accounts with Bank of Baroda, Parliament Street, New Delhi and the Oriental Bank of Commerce Ltd., Connaught Circus, New Delhi-
1. Shri SPM, Director
2. Shri SKM, Chief Executive
3. Shri RSR, Manager Works
RESOLVED FURTHER that the said Shri RSR is authorised to operate the aforesaid accounts to the extent of Rs. 50,000/- (Rupees fifty thousand only) at a time.
RESOLVED FURTHER that the aforesaid Banks be and are hereby authorised to honour all cheques, drafts, bills of exchange, promissory notes and other negotiable instruments signe, drawn, accepted or made on behalf of the Company by the aforesaid officers and to act on any instructions so given relating to the said Banking Accounts of the Company whether the same be overdrawn or not or relating to any transactions of the Company."