Board Resolution for change of signatory

“RESOLVED THAT in super session to all other resolution passed earlier by the Board of Directors in their meetings in respect of the Current Bank Accounts of the company, the authorised signatories to sign cheques and other negotiable instruments on behalf of the Company, be and are hereby changed as follows

a)      Solely by Mr. <>, Chairman of the company;

or 

b)      jointly by

  Mr. <> , Managing Director of the company and Mr. <>, General Manager, of the company

RESOLVED FURTHER THAT   the banker of the company  be and is hereby informed and is hereby authorised to honour all Cheques, Bills of Exchange, Promissory Notes, Hundis and any other instruments drawn accepted, made and signed on behalf of the Company whether such account be in credit or overdrawn  and to accept and credit to the account of the company all money deposited with or owing by the bank or any account or accounts at any time or times  kept or to be kept in the name of the company and the amount of all cheques, notes, bills other negotiable instruments provided they are endorsed/ signed  as above on behalf of the company and such signature(s) shall have sufficient authority to bind the company in all transactions between the bank and the company including those specifically referred to herein.”

RESOLVED FURTHER THAT any of the Directors of the Company be and is hereby authorised to forward a certified true copy of this resolution and any other documents to the banker as may be necessary to give effect to this resolution."