Signatory to bank account
This query is : Resolved
14 March 2012
Dear Expert,
A person of Indian Origin currently residing in Canada who visit India twice in year is a director in Private Limited Company in India. Company is interested to add him as additional signatory to the current bank account. Can he act as signatory? if yes what is the process. Please guide.
A person of Indian Origin currently residing in Canada who visit India twice in year is a director in Private Limited Company in India. Company is interested to add him as additional signatory to the current bank account. Can he act as signatory? if yes what is the process. Please guide.
15 March 2012
Yes he can act as a signatory.For that the Company has to pass a resolution for including him as a authorized signatory.
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