Questions

1) Board meeting can be held outside India.  In the Board resolution you may authorise one of the Directors (you, in this case) to issue certified copy of the resolution to the Bank.

2) To increase paid up capital - I hope the increase is within the authorised share capital. If so, you have to simply get the share application from the applicants and consider allotment in the Board Meeting (which may be held abroad) and issue share certificate.  Share certificate has to be signed by two directors and shall bear the common seal of the company.  Form 2 need to be filed with ROC within 30 days of allotment.

3) Share certificate will bear the common seal.  Some banks insist for affixing of common seal in loan documents. The Common seal of the company shall be affixed to any instrument only when it is authorised by the Board by way of a resolution. As per Table A containing regulations for managment of a company the common seal of the company shall not be affixed except in the presence of atleast two directors.

Regards.

Completely Agree with the learned member

Thank You Very Much Jayashree Ji for answering my questions.

Regards