OPENING OF BANK ACCOUNT





"RESOLVED THAT a Current Account in the name of the Company be opened with ____________ Bank, _____________ Chennai and the said Bank be and is hereby authorized to honour all cheques, drafts, bills of exchange, promissory notes and other negotiable instrument, signed drawn, accepted or made on behalf of the Company Sh. ______________, or Sh. ______________, Directors of the Company, any one of them individually/jointly (as the case may be), and to act on any instructions so given relating to the said banking account whether the same be overdrawn or not or relating to any transaction of the Company.

RESOLVED FURTHER THAT Sh. ______________, Director be and is hereby authorized to forward a copy of this resolution to the said bank."