Board resolution

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 February 2012 Dear All,
mine is the private company.

can any one provide me following type of
"Board Resolution for applying credit limits for takeover of existing credit facilities."

Is it require by the Board to take permission of company in AGM before applying

07 February 2012 " Revision of Bank’s credit facilities - Board Resolution

"RESOLVED THAT the company do avail of the following credit facilities from Indian Overseas Bank and Punjab National Bank as per limits set out against each credit facility :

FOR AMIT SHARMA
MANAGING DIRECTOR


PLEASE ALSO READ THE LINK:

https://www.caclubindia.com/share_files/board-of-resolutions-38253.asp


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