Opening Bank Account

All companies. No Companies Act provision specific to bank account opening — governed by standard board meeting procedure.

Good governance starts with the basics, done right. The law stays quiet on this one; good practice doesn't. What that means day to day: no statutory threshold - validation limited to standard meeting procedure. Convention (not law): 2 signatories for cheque operation. This is exactly the kind of resolution Fi CTC Generator was built to make effortless.