banner_ad

Agreement for Term Loan

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 January 2010 Hi!
Experts,

Sir, Sir plz tell me whether we need to pass any resolution at any meeting when any agreement is signed with a Credit agency for the term loan?

Regards,
Saurabh
Profile Image

Ankur Garg

Profile Image

Ankur Garg (Expert)
25 January 2010 Hello Saurabh,

Yes for signing of agreement you have to pass a board resolution authorising someone to sigh the agreement on behalf of the company. However at the time of disbursement of a Term Loan no resolution is required.

Regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details