Company Secretary and Compliance Officer

Resolution for change in Bank account signatory along with covering letter.







To                                                                                                        January 21, 2007


The Manager

HSBC Bank Limited




Sub: Change in Authorised Signatory


Dear Sir,


This has reference to the subject mentioned above Mr. Chintu was appointed as Authorised Signatory for operating the Current Bank Account bearing no. __________ with HSBC Bank Limited, Address.


Now we wish to inform you that Mr. Chintu ceased to operate as Authorised Signatory and in his place Mr. Sonu, Mr. Monu and Mr. Raju have been added in the list of Authorised Signatory vide Board Meeting Resolution dated ________ to operate the above mentioned Current Bank Account bearing no. ___________. A Certified True copy of the resolution is attached herewith for your reference along with Identification proof of new signatories.


This is for your information and record.


Thanking You,

Yours Sincerely

For ABC Limited



Director/Company Secretary




RESOLVED THAT in super session to all other resolution passed earlier by the Board of Director in its meeting in respect of the Current Bank Account bearing no. _____________ in the name of the Company existing with HSBC Bank Limited, Address, HSBC Bank be and is hereby authorized to honour all cheques signed:

a)      Solely by Mr. Jay, Managing Director/Director




b)      jointly by any two of the following:


a.      Mr. Sonu or

b.      Mr. Monu or

c.       Mr. Raju


RESOLVED FURTHER THAT the aforesaid bank be and is hereby instructed to honour all cheques, promissory notes and other order 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 money 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 order or receipts provided they are endorsed/ signed  as above on behalf of the company and such signature(s) shall be sufficient authority to bind the company in all transactions between the bank and the company including those specifically referred to herein.”

Total thanks : 2 times


Just another format..


RESOLVED THAT in partial modification of the resolution passed in relation to the operation of the Company’s Bank Account(s) with (Bank Name) (Place) the said bank(s) be and is/are hereby authorised to honour all cheques, Bills of exchange, promissory Notes and other orders accepted, endorsed or made on behalf of the company:


Severally by :


1)         Mr. A

            2)         Mr. B; or


Jointly by any two of the following:


            1)         Mr. C        

2)         Mr. D         

3)         Mr. E

4)         Mr. F

5)         Mr. G

6)         Mr. H        


RESOLVED FURTHER THAT the said resolutions shall continue in force till rescinded by the Board and a certified copy of this said resolution be provided to the bank.

Total thanks : 2 times


Management Trainee

Minutes of change in authorised signatories




The Chairman informed the Board that the change in authorized signatories for Current Account of ..........................Branch,...... Board discuss on the matter and pass following resolution:


“RESOLVED THAT in supersession of earlier resolution passed, the ................... Branch, Pune (Bank) be instructed to honor all cheques, or other orders, drawn and to accept and act upon receipts for monies deposited with or owing by the Bank on any account or accounts at any time or times kept or to be kept in the name of the Company with the Bank, whether any such account or accounts be for the time being in credit or overdrawn, provided such cheques, orders or receipt are severally signed by any one of ............- Director or ................ – Director or  ......... – Director without any limit.


RESOLVED FURTHER THAT........... – Director and .............. – Director of the Company be and are hereby severally authorized to sign and submit the application and to do such other acts, deeds and things as may be necessary to give effect to this resolution.


RESOLVED FURTHER THAT the certified true copy of this resolution together with the specimen signature of the authorized signatories be handed over to the Bank.”


Thanks for sharing useful information.




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