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BOARD RESOLUTION FOR OPENING BANK ACCOUNT

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  • Board Resolution for Opening Bank Account

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ABOUT BOARD RESOLUTION FOR OPENING BANK ACCOUNT.

Board resolution for opening bank account is a resolution passed in a Board Meeting authorizing certain persons in a company to open and operate the Bank account of a Company or LLP. As a Company is a separate legal entity, the board resolution for opening bank accounting is required in addition to the other documents for opening a bank account. 

Board resolution for opening of bank account is one of the first resolutions executed after incorporation of company or LLP.