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board resolution for clouser of FD befor maturity

siddharth bodas (CA in practice) (159 Points)

25 April 2011

Can somebody provide me A RESOLUTION for clouser of FD befor maturity.

Thanks in Advance,

Regards,

CA siddharth

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3 Replies

Jaideep (Service) (1368 Points)
Replied 25 April 2011

REDEMPTION OF FIXED DEPOSIT MAINTAINED WITH XXX BANK LIMITED

“RESOLVED THAT the Company do hereby withdraw / redeem/cancel the Fixed Deposit No xxxxxxxxxxxxxxxxxxx maintained with XXX Bank Limited, CITY (hereinafter referred to as the 'Bank').

FURTHER RESOLVED THAT any one of the following Directors / officials of the Company be and are hereby authorised to submit all necessary papers, documents, applications, etc and comply the formalities required for cancellation of the aforesaid Fixed Deposit Account and also authorised to execute, sign, etc necessary papers for compliance with the aforesaid purpose.

1. Shri XXXXXXXX - Managing Director

2. Shri XXXXXXXX - Executive Director

3. Shri XXXXXXXX - Company Secretary

FURTHER RESOLVED THAT the Common seal of the Company be affixed to all the documents as may be necessary or required in the presence of any one Director of the Company who do sign the same in token thereof as per the provisions of the Articles of Association of the Company and any one of the Directors of the Company or the Company Secretary of the Company be and is hereby authorised to provide the certified copy of the resolution to the Bank.”

Regards

Jaideep Pandya

2 Like

Tarkesh Tiwari (Accounts Manager) (23 Points)
Replied 01 September 2017

can you provide me a board resolution for withdraw of corporate guarantee from bank.

with regards

tarkesh

Ritik Chopra (student) (8123 Points)
Replied 03 May 2021

Board Resolution For Providing Corporate Guarantee

"RESOLVED THAT the Company do offer Corporate Guarantee to ________. as security for credit facilities sanctioned to _________And that the documents in respect of guarantee received/to be received under cover of the Banks aforementioned letter be and are hereby approved for execution by the Company in accordance with the Articles of Association of the Company. Further resolved that the Common Seal of the Company be affixed on the related documents as mentioned earlier in the presence of any one of the directors of the Company. Further resolved that the Company hereby declare that any acknowledgement or confirmation of debt and/or security which may be required by the Bank be executed at any time for and on behalf of the Company by any one of the directors of the Company."