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Board Resolution Documents

The board of directors of [Company Name] passed a resolution to open a bank account with Bandhan Bank Ltd. The resolution authorizes the bank to honor cheques and payments from the account according to the specified mode of operation. It also authorizes certain officials to sign documents, accept terms and conditions, and apply for online banking and debit card facilities for the account. The company agrees to be bound by the bank's terms and conditions and to indemnify the bank from any losses in executing instructions on the account according to the authorized signatories and mode of operation.

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361 views2 pages

Board Resolution Documents

The board of directors of [Company Name] passed a resolution to open a bank account with Bandhan Bank Ltd. The resolution authorizes the bank to honor cheques and payments from the account according to the specified mode of operation. It also authorizes certain officials to sign documents, accept terms and conditions, and apply for online banking and debit card facilities for the account. The company agrees to be bound by the bank's terms and conditions and to indemnify the bank from any losses in executing instructions on the account according to the authorized signatories and mode of operation.

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hp4ymrcmvx
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Annexure 3.

6
(Draft of Board Resolution to be submitted by Limited Companies)
(On Letterhead)
Certified copy of an extract from the minutes of the meeting, of the Board of Directors of
___________________________ (name of the company) duly convened and at which a
proper quorum was present, held at ____________ on the _____________ day of
___________ 20____, at _______AM/PM.

Resolution No: ______________


OPENING OF BANK ACCOUNT WITH BANDHAN BANK LIMITED
We hereby certify that the following resolutions of the Board of Directors
of__________________________ (Name of the Company), was passed at a meeting of the
Board held on________________________ and has been duly recorded in the minute book of
the said Company.

Resolved that a bank account in the name and style of “____________________________” of


the Company be opened with Bandhan Bank Ltd., ______________ Branch,
____________________City and that the said bank be and is hereby authorised to honour all
cheques, bills of exchange and promissory notes drawn, accepted or made on behalf of the
Company by the following person/s authorised to open and operate the account as per the
stated Mode of Operation (MOP) and to act upon any instructions so given relating to the
account, whether the same be overdrawn or not.
Resolved further that the Company do avail the Net Banking/Mobile Banking/Debit Card
facility/ Cash Management facility provided/to be provided for the accounts opened/to be
opened with Bandhan Bank at its various branch(es) and the Company do accept such terms,
regulations, conditions, stipulations laid down by Bandhan Bank from time to time.
Resolved further that the officials mentioned below, as per the MOP, be and is/are hereby
severally/jointly authorised to accept, sign, execute, deliver and complete all documentations,
agreements, account opening forms, and accept and abide by the modifications and/or
variations in any or all the terms and conditions from time to time and to nominate, substitute,
revoke and vary any mandate given for the bank account, on behalf of the Company, in order
to apply for and avail and operate the Net Banking/Mobile Banking/Debit Card facility/Cash
Management facility provided/to be provided by Bandhan Bank Ltd.:

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Annexure – Formats
Names of Authorised Mode of Operation
Sr. No. PAN No.
Signatories (MOP)

Resolved further that the Company do accept the terms and conditions as contained in the
application form (account opening form) or any other terms and conditions as may be notified
by the Bank in connection with the provision of products and services offered by the Bank
through other channels as phone and internet.

Resolved further that Bandhan Bank Limited be and is hereby authorised to accept all
instructions given through its net banking interface from all or any one or more of the above
signatories in respect of the said Company’s account as per the stated MOP. The said Company
does agree to hold Bandhan Bank harmless and indemnifies from and against all claims, losses
that may be suffered or incurred by the Bank on account of the bank executing such instructions
by the above signatories in the manner provided herein above.

Certified True Copy


Date: _____________

___________________________
Director/Company Secretary

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