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Common

This query is : Resolved 

25 June 2012 Is affixing common seal is mandatory while executing loan related documents.

26 June 2012 Hi


Yes, it is mandatory if the Board resolution mentioned that the all loan paper will be under common seal of the company and if the bank demand that seal is must.


Regards

26 June 2012 it is mandetory that Company should have a Commom seal of its own.


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