Board Resolution for Closing of [Insert Name of the Company] Limited – Dividend Account”

“RESOLVED THAT Mr./ Ms. [•] [Name and Designation of the authorized person], Mr./ Ms. [•] [Name and Designation of the authorized person]and Mr./ Ms. [•] [Name and Designation of the authorized person] of the Company, be and are hereby jointly authorized to close the said bank account (“[●][Insert Name of the Company] Limited- <Interim(if applicable)> Dividend Account”) with [●][Name of Bank] Bank after the distribution of the <interim/final> dividend.

Section 123 of Companies Act, 2013

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