Kagaznama

Board Resolution for Bank Account and Authorised Signatory

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Also called

Board Resolution for Opening Bank Account
Bank Account Opening Resolution
Certified True Copy for Bank Mandate
Authorised Signatory Resolution
Bank ke liye Board Prastav
ਬੈਂਕ ਖਾਤੇ ਲਈ ਬੋਰਡ ਮਤਾ
बैंक खाते हेतु बोर्ड प्रस्ताव
Change of Signatory Resolution

When you need it

The board resolution a bank asks for — to open a current account, change who may operate it, or name the person who signs the company's ordinary contracts, GST returns and tender papers. For a company in Punjab or Chandigarh incorporated under the Companies Act, 2013.

Not for: authorising someone to buy, sell, lease or mortgage immovable property, or to appear before a Sub-Registrar — use the Board Resolution Authorising a Signatory template in this library instead, which is built for that; an LLP, whose designated partners are authorised under the LLP Agreement, not a board resolution; or a one-person company or a company with a sole director, where there is no board to convene a meeting of.

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You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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See stamp duty, registration and witnesses

What follows is the position for this kind of document. The amount is set by the state the property is in and it changes, so the figure for your own state is worth confirming at the sub-registrar’s office before you pay anything.

Stamp duty

The resolution, and a certified copy of it, carries no stamp duty — it is not an instrument within Schedule I to the Indian Stamp Act, 1899. A separate power of attorney, if the bank or a counterparty insists on one in addition to this resolution, is a different instrument, chargeable under Article 48, and is not covered by this template.

Registration

Not registrable under the Registration Act, 1908 — it transfers no interest in property. Where the authority given is exercised to sign a document that is itself registrable, that later document carries its own registration requirement, which this resolution does not affect.

Notarisation

Not required by law. Some banks ask for a notarised copy along with the original board resolution as a matter of internal policy — check the specific bank's current mandate-opening checklist before the meeting, since requirements differ from bank to bank and change without notice.

Witnesses

No witnesses are needed — a certified copy is authenticated under section 21 of the Companies Act, 2013, by the signature of the certifying officer and the Company's seal where it has one.

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Sample preview — placeholder answers, not your data

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CERTIFIED TRUE COPY OF A RESOLUTION PASSED BY THE Board of Directors

Northline Analytics Private Limited
CIN: U70109CH2022PTC012345
Registered office: X

(the "Company", a private limited company registered in India)

Part A — Particulars of the meeting

1. A meeting of the Board of Directors of the Company was held on 1 April 2026 at 11:30 a.m. at the registered office of the Company.

2. The meeting was held with all directors participating in person at the venue stated above.

3. Ms Anuradha Iyer took the chair.

4. The directors present were: Ms Anuradha Iyer (DIN 02145678), Chairperson; Mr Vikram Rao (DIN 03987412); Mr Faisal Sheikh (DIN 07445120)

5. 3 directors were present out of a total Board strength of 5. Notice of the meeting was given to every director in the manner required by section 173(3) of the Companies Act, 2013, and the quorum required by section 174 of that Act was present when the meeting began and when the item recorded below was taken up.

Part B — The resolution

The following resolution was passed unanimously:

"RESOLVED THAT, in exercise of the powers conferred on the Board by section 179 of the Companies Act, 2013 and by the Articles of Association of the Company, and in connection with Opening a new bank account in the name of the Company, and authorising the Signatory(ies) named below to operate it:

(a) the Company's bankers for this purpose are HDFC Bank Limited, Sector 34-A Branch, Chandigarh, the account being a Current account;

(b) Mr Faisal Sheikh, Whole-time Director of the Company (DIN 07445120) (the "First Signatory"), and Ms Priya Menon, Chief Financial Officer of the Company (PAN AFRPB2212K) (the "Second Signatory"), be and are hereby authorised, for and on behalf of the Company:

(c) to operate the account referred to in sub-paragraph (a) above, and to sign cheques, demand drafts, pay orders, withdrawal forms and electronic and digital payment instructions on it, to sign the account-opening form, mandate, KYC and specimen-signature documents the bank requires, and to give and receive instructions to and from the bank in connection with that account;

(d) the following are also Signatories on the same terms: Ms Kavita Bansal, Company Secretary, PAN AFRPB2233K;

(e) the Signatories shall act Singly, by any one of the Signatories acting alone;

(g) This authority continues in force until varied or revoked by a further resolution of the Board

(i) the specimen signatures of the Signatories are as set out in the Annexure to this certified copy, and the bank or any other person relying on this resolution is entitled to act on a signature conforming to that specimen until written notice of a change is received; and

(j) any director or the Company Secretary of the Company be authorised to issue certified true copies of this resolution, and to sign and file with the Registrar of Companies any form or return required in respect of it within the time allowed by law."

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