“RESOLVED THAT an additional current account be opened in the name of the Company with [●] [Insert name of bank] at [●] [Insert name of Bank Branch].

RESOLVED FURTHER THAT [●] [Insert name of Director], holding DIN [[●] [Insert 8 digit DIN]] and [●] [Insert name of Director], holding DIN [[●] [Insert 8 digit DIN]], both Directors of the Company, be and hereby are severally authorized to operate the bank account up to and not exceeding [●] [Insert value]/- [[●] [Insert Indian Rupees in words]] per instrument/ instruction.

RESOLVED FURTHER THAT [●] [Insert name of Director], holding DIN [[●] [Insert 8 digit DIN]] and [●] [Insert name of Director], holding DIN [[●] [Insert 8 digit DIN]], both Directors of the Company be and hereby are jointly authorized to operate the bank account exceeding the amount specified herein above.

RESOLVED FURTHER THAT a copy of this resolution be given to the Banker, as may be required under the seal and signature of any one of the Directors of the Company.