Operating bank account
This query is : Resolved
19 July 2012
Can a company authorise to operate its bank account by persons not related to company??
Related case laws & sections??
Related case laws & sections??
19 July 2012
Hi
Yes, you can authorise any person to operate bank account by Board Meeting. There is no restriction to do so.
Yes, you can authorise any person to operate bank account by Board Meeting. There is no restriction to do so.
Message likes :
1 times
19 July 2012
yes by resolution by director and there is no limit ristriction
Message likes :
1 times
20 July 2012
Thanq for ur advise.
Can u pls suggest any related case study & section relevant if any??
Can u pls suggest any related case study & section relevant if any??
20 July 2012
Hi
I think, no need to case study for this, the Board can authorise any person.
I think, no need to case study for this, the Board can authorise any person.
21 July 2012
Yes the Company may authorise any person other than Board of Directors to operate the Bank Account, by way of Board Resolution.
21 July 2012
Normally, the Board should authorise the person who is in the employment in the company.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Free lancer income
- Long Term Service award taxability in hands of company
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
