Prepare a Model Certified Standing Order of ‘ABC Ltd’.

Question

22 Apr 2024

Answer :

Word Count : 447

MODEL CERTIFIED STANDING ORDER

ABC Ltd.
(Company Registration No. ________)

Certified Copy of Standing Order passed at the Meeting of the Board of Directors of ABC Ltd. held on ______ (date) at ______ (venue).

The Board discussed the need for authorized signatories for operating the bank accounts of the Company and carrying out other banking transactions. After deliberations, the following resolution was passed unanimously:

"RESOLVED THAT:

1. The Company's Bankers be and are hereby authorized to:
a) Honor all cheques, bills of exchange, promissory notes or ________ __________ _______ ____ _________ _____ _______ _______ __________.
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