Common
This query is : Resolved
25 June 2012
Is affixing common seal is mandatory while executing loan related documents.
Ajay Mishra
(Expert)
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
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
RAMESH KUMAR VERMA
(Expert)
26 June 2012
it is mandetory that Company should have a Commom seal of its own.
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