Account Opening Resolution


For any company, be it a private limited company, Limited Liability Partnership or one-person company in order to open a bank account they have to pass a resolution. The resolution will decide upon the person authorized to use the bank account on behalf of the company as well as the bank where the account will be created. If the company desires to open an account in various other banks, Account Opening resolution has to be made separately for each bank accounts.

Panomics Legal Mentors is an online legal service platform where a team of expert legal professionals from India, offering a variety of legal services relating to legal notices, negotiable instruments, company registrations, intellectual property, tax services, personal and property services.

Panomics Legal Mentors will help you to register a Private Limited Company from the comfort of your home, offering you services that are very specialized and tailored for each individual.

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Why Choose Panomics Legal Mentors For Account Opening Resolution?

This organization comprises of expert legal professionals, who use their expertise will draft a resolution that shall cover all the legal requirements and needs of the parties. The experience and the knowledge that our professionals hold can help you in including clauses in your agreement that shall effectively describe the relationship between the parties as well as avoid confusion or difficulties in the future.


  1. Articles of Association.
  2. Memorandum of Association.
  3. List of the Directors.
  4. Resolution document.
  5. Registration Certificate/COI.
  6. THE ID of authorized signatories.

Click here to read more about the “Partnership Deed”


The company has to convene a Board meeting as per the requirements of the Company Law and pass a resolution by attaining a majority on the matter of where the bank account as to be created. The members should elect persons authorized to handle the bank accounts in this meeting and the final resolution shall have details of the bank and authorized persons. The resolution must be printed down on a paper having a company’s letterhead. A copy of the resolution can be kept with the company and the original with other required documents must be submitted to the bank where the company desires to open a bank account.