All TemplatesCompany Secretarial
Board Resolution — Open Bank Account
Standard board resolution authorising the opening and operation of a company current account — required by every bank at onboarding.
Editable resolutionYou’ll need to fill:Company nameCINBank name & branchAuthorised signatory(ies)Meeting date
[COMPANY NAME] CIN: [CIN] Registered Office: [ADDRESS] CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS HELD ON [DD/MM/YYYY] AT [TIME] AT THE REGISTERED OFFICE OF THE COMPANY OPENING OF BANK ACCOUNT "RESOLVED THAT a Current Account be opened in the name of the Company, [COMPANY NAME], with [BANK NAME], [BRANCH], and that the said bank be and is hereby authorised to honour cheques, bills of exchange and other instruments drawn, accepted or made on behalf of the Company. RESOLVED FURTHER THAT the account be operated by [NAME(S) OF AUTHORISED SIGNATORY(IES)], [singly / jointly], and that the bank's account opening documents be signed accordingly. RESOLVED FURTHER THAT [MR./MS. NAME], [Director/Company Secretary], be and is hereby authorised to submit the necessary documents, sign the account opening forms, and do all such acts and deeds as may be necessary to give effect to this resolution." For [COMPANY NAME] _____________________ [NAME] [Director] DIN: [DIN]
Using this template as part of setting up or running your business? We also handle ROC Compliance — done properly, the first time.
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Disclaimer: This template is a general draft provided for convenience and does not constitute legal advice. Replace all [BRACKETED] placeholders and have important contracts reviewed by a qualified CA/CS or lawyer before signing. Company Avenue Advisory accepts no liability for its use as-is.