Bank operations - directors - reg

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2012 Dear sir, Ours is a Pvt Ltd company. We give bank operation power to one person alongwith Managing Director. Our account is JOINT account. After that the same person became a director of our company. Now He resign the Director. Now we are only two directors in our company. But he refused to give a letter to cancel Joint operation power. How we able to remove his bank operation power. Board Resolution is enough or not? Pls give suggetion to remove his cheque power with our bank.

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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03 February 2012 In my opinion board resolution along with Covering Letter signed by any of the existing director will serve your purpose.

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