DATE :_____(7 DAYS BEFORE THE DATE MENTION IN BOARD RESOLUTION)
To,
All Directors
Sub.:- NOTICE of Board Meeting.
Sir,
NOTICE is hereby given that Meeting of the Board of Directors of the Company will be held on ___day, _____ Day of _____, 2023 at 11.00 AM at the registered office of the Company to consider following matters.
1. To approve minutes of previous Board Meeting.
2. To approach ____________ BANK for issuing Standby Letter of Credit in favour of ________________________
Any other matter with the permission of the Chairman.
All Directors are requested to make it convenient to attend the meeting.
For ______________ PRIVATE LIMITED
(SIGN BY ANY DIRECTOR)
DIRECTOR
(MENTION ALL THE DIRECTOR NAME)
1. ______________
2.______________
RESOLUTION
“RESOLVED THAT company do apply to THE ____________ BANK located at MENTIONED ADDRESS_________, (HEREINAFTER REFERRED TO AS THE “ISSUING BANK”) for issuance Standby Letter of Credit in favour of ________________ [HEREINAFTER REFERRED TO AS BENEFICIARY) for an amount of Rs. INR _______/- (RUPEES IN WORDS ________ Only) with cumulative drawings not more than Rs. _________/-.
“RESOLVED FURTHER THAT Mr. ___________NAME OF DIRECTOR, (Director having DIN : ___________) of the Company be and is hereby authorised to sign, and submit all the documents as may be necessary for the proper availing of the said facility and as may be required by the Bank and further to furnish, sign, and submit such indemnities and/or declarations and /or affidavits on behalf of the Company in favour of the Bank as may be required by the Bank in any matter related hereto and generally to do all such acts and deeds as may be necessary for the availment of the said financial facility and for all matters connected therewith and/or incidental thereto, including delegating the powers to execute documents by way of a Power of Attorney, if necessary.”
“RESOLVED FURTHER THAT Mr. ___________, Director of the Company be and is hereby authorised to do all such other things, acts and deeds etc. which are necessary for the purpose of giving effect to this resolution.”
For ______________ PRIVATE LIMITED
(SIGN BY DIRECTOR)
DIRECTOR
NAME: ________________
DIN: ____________
Author Bio
