Board Resolution for Opening Current Account & availing Banking Facilities
Extracts of the meeting of the Board of Directors/ Partners of COHUT TECHNOLOGIES LLP held
on
04-03-2024 at kota.
Resolved that
1. A Current Account (“Account”) in the name of the Company be opened with CITY UNION
BANK LIMITED (“City Union Bank”) at ____________________:
(I) The persons named in Table A are authorized severally to sign and deliver necessary
Application Forms and other documents thereof and do all acts and deeds as may be
required by City Union Bank in connection with opening/ activating the Account as
well as for operating the Account and that the Company accepts the terms and
conditions applicable for the Account or in connection with any product or service
offered in respect of such Account contained in the Application Forms and displayed on
the website https://www.cityunionbank.com/ ("Website")
Table A
Authorised Signatory for opening of Account Designation Specimen Signature
VINOD VERMA Partner
MONIKA VERMA Partner
(ii) City Union Bank be instructed to accept and credit to the Account all moneys deposited
with (or) owing by City Union Bank on any account or accounts at any time or times,
kept or to be kept in the name of the Company and the amount of all cheques, notes,
bills, other negotiable instruments, promissory notes, orders or receipt, provided they
are severally (strike off which is not applicable) on behalf of the Company by the
Authorised Signatories mentioned in Table A2 below:
Table A2
Authorised Signatory for operations of
Designation Specimen Signature Limits1
Account
(iii) The persons named in Table B shall be authorised to operate the Account through the
2
mode of Phone Banking, Internet Banking, E-mail, Debit Card, ATM Card offered by
City Union Bank for operation of the Account from time to time. However, the
Authorised Signatory for operations of the Account (change if any
other signatory) are severally authorised to collect the applications and other documents
from the Authorised Signatories mentioned in Table B and submit the same to City
Union Bank and collect the Login ID and Password(s)/ Debit Cards/ ATM Cards, as the
case may be, from City Union Bank and deliver the same to the respective Authorised
Signatory.
Table B
(a) Corporate Internet Banking (CIB)
Names of the Official Limit (Rs.) To be Approved by:
(User) From To
(b) Phone Banking, Email
Sr. Name of the Official (User)
No.
1 VINOD VERMA
2 MONIKA VERMA
3
(C) ATM Card / Debit Card
Sr. Name of the Official (User)
No.
1 VINOD VERMA
2
3
2. The Managing Director / Executive Director / Finance Director / Partners of the Company
are severally authorised to additionally authorize such other official(s) to operate the
Account in any of the modes indicated above and decide on adopting any other mode of
operation of the Account that City Union Bank may offer from time to time and details of
every such additional authorization / adoption of mode
of operation shall be placed before the next meeting of the Board of Directors for information.
3. The Company does avail and the Managing Director/ Executive Director/ Finance Director /
Partners are severally authorised to avail from
City Union Bank facilities in the normal course of business in the form of Overdraft, Cash
credit, Demand Loan, Bill purchase/ Discount, Letters of Credit, Letter of
Undertaking (Buyers Credit), Bank Guarantee and such other Fund based / Non-Fund based
Facility(ies) as may be offered by City Union Bank from time to time upto the Limit of Rs.
<Amount> in aggregate / individually (delete inapplicable), secured/ backed by 100% Fixed
Deposit with City Union Bank generated from the amount standing in the Account, on such
terms and conditions as may be stipulated by City Union Bank and the Authorised Signatory
mentioned in Table C6 are severally authorised to negotiate, finalise, settle, execute and
deliver with/ to City Union Bank such documents as may be required by City Union Bank and
complete all formalities for creating Fixed Deposit out of the Account and creating security
thereon in favour of City Union Bank in the manner required by them for availing the
Facility(ies).
Table C
Sr.
Name of the Official (User)
No.
1 VINOD VERMA
2 MONIKA VERMA
3
4. Copies of the foregoing Resolutions certified to be true copies by the Chairman/ Managing
Director/ Secretary/ Partners of the Company be furnished to I City Union Bank and it be
requested to act thereon.
CERTIFIED TO BE TRUE
For Cohunt Technologies LLP
Chairman/Managing Director/ Secretary /Partners
Dated 04-03-2024
