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Bank account operation

This query is : Resolved 
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(Querist)
03 May 2013
Company is a private limited company
can a shareholder without being a Director of the company can act as an authorized signatory for operation of bank accounts of the company

please advise us
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
14 June 2013 Yes it is possible and the company has to take a resolution for appointing a shareholder as constituted attorney for operation of bank account.
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