Board Resolution

Board Resolution to Authorise Foreign Remittance

A certified board resolution authorising outward foreign remittances through the company's authorised dealer bank.

CERTIFIED TRUE COPY OF THE RESOLUTION

passed at the meeting of the Board of Directors of [Company Name] held on [Date] at [Place]

RESOLVED THAT the consent of the Board be and is hereby accorded to make outward foreign remittance(s) through [Bank Name], [Branch] Branch, for import of goods and services and other permissible current account transactions, in compliance with the Foreign Exchange Management Act, 1999 and the rules made thereunder.

FURTHER RESOLVED THAT [Authorised Person Name], [Designation], be and is hereby authorised to sign and submit Form A1/A2, the remittance requests, Form 15CA/15CB and all other documents required by the authorised dealer bank to effect the said remittances on behalf of the Company.

Certified to be a true copy of the resolution duly passed by the Board of Directors.

___
[Director/Company Secretary]
DIN/Mem No: [..]

Before you use it — fill in / check

  • Company name
  • Bank/party name
  • Authorised person
  • Meeting date

How to use this template

  1. Read through and replace every [bracketed] or blank placeholder with your actual details.
  2. Delete any clause that doesn't apply and add anything specific to your situation.
  3. Click Print / Save as PDF to download, or Copy text to paste into your letterhead.
  4. Get it signed / stamped / notarised as required, and keep a copy for your records.

This is a general, editable template for convenience only — not legal advice. For anything material, have a professional review it. TaxClue isn't liable for how it's used.