Any company can remove bank operation authorised signatory at any time through the resolution passed by its directors.

Key-points to be covered in the resolution to remove the authorised signatory:

• Date and Place where resolution passed.
• The Bank name and Branch name.
• The removed and existing Name and designation of the shareholder who will operate the bank account.
• The change authorization matrix in brief.
• The banking others services (Net Banking / Mobile Banking / Debit Card facility/ Cash Management Services etc.)
• The signature and the common seal of the company.