CHANGE IN AUTHORITY (FOR BANK ACCOUNT OPERATION)





(i) "RESOLVED THAT in connection with the banking account (A/C NO. __________)of the company existing with Punjab National Bank, Connaught Place, New Delhi, the following persons are collectively authorized to sign or accept all cheques, bills of exchange, promissory notes and other orders viz.

1. Mr. _________

2. Mr. _________

3. Mr. _________

(ii) That this resolution shall remain in force until notice in writing of its withdrawal or cancellation is given to the bank by the Chairman of the Company”.