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Get Board Resolution Format - Yes Bank - Yesbank
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How to fill out the Board Resolution Format - Yes Bank - Yesbank online
This guide provides a clear and comprehensive overview of the Board Resolution Format used for Yes Bank. By following this step-by-step process, you can efficiently complete the document online, ensuring that all required information is accurately provided.
Follow the steps to complete the Board Resolution Format online.
- Press the ‘Get Form’ button to access the Board Resolution Format and open it in your preferred editor.
- Begin by filling in the name of the company under 'M/S ________________________________.' Ensure it matches the registered name with the authorities.
- Next, provide the registered office address of the company in the designated space.
- Indicate the date and time of the board meeting where the resolution is being passed. Fill in the blanks on the form accordingly.
- In the 'RESOLVED' section, clearly state the purpose of the resolution, specifically relating to applying for Net Banking facilities.
- List the names of the authorized persons who will operate the bank account. Include their designations next to their names for clarity.
- Fill in the specific bank account number opened with Yes Bank Ltd. in the designated field.
- Detail the authorization mode as either 'Joint' or 'Several' for each authorized signatory next to the transaction amounts listed.
- Specify the transaction amounts that each authorized person may handle, providing clarity on the monetary limits.
- Acknowledge that the bank will send the User ID and Password to the authorized individuals and confirm the responsibility for keeping this information confidential.
- Record the acceptance of the bank's Terms and Conditions for Net Banking services.
- Designate authority for any person mentioned in the resolution to delegate their responsibilities to other company officials.
- Select a Company Secretary or an officer to certify the resolution by signing it in the designated signature field, ensuring that it is validated properly.
- Finally, review all the information provided for accuracy before saving the completed document. You may download, print, or share the resolution as required.
Start completing your Board Resolution Format online today to streamline your banking operations!
“RESOLVED THAT the consent of the Board be and is hereby ed for closure of the Current/Cash credit/Escrow Account (Account Number) maintained with (Name of the Bank), (Branch) and the Bank be instructed to refund the balance amount lying in the said account in cash/cheque.