Opening Current A/c with Citibank in India for a single operation
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF THE BOARD OF DIRECTORS OF ________________ [name of company] HELD ON ________ [enter date of the board meeting] AT ITS OFFICE SITUATED AT _________________ [mention address where the directore meeting took place]
The Chairman informed the Board that a current bank account in the name of company name needs to be opened with Citibank N.A. in India.
The following officials of the Company be and are hereby authorized to singly open a current bank account in the name of and on behalf of the Company with Citibank N.A. and are further authorized to singly operate the bank account in the name of and on behalf of the Company and to, inter alia Singly sign, draw, accept, endorse and negotiate cheques, request for and receive cheque books, pay orders, drafts and other instruments whatsoever, to execute and deliver any bills, promissory notes, agreements, declarations, letters, indemnities and other writings whatsoever in connection with the said bank account and to do all other acts, deeds and things in the name of and on behalf of the Company in connection with the said bank account
The common seal of the Company be affixed on deeds, documents, undertakings in the presence of __________, Director of the Company and _________, Director of the Company, who shall sign the same in token thereof on behalf of the Company, as per the Articles of Association of the Company.
Certified True Copy