Board resolution

This query is : Resolved

Querist : Anonymous

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

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
Follow

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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