RESOLUTION TO OPEN A BANK ACCOUNT
Extract of the minutes of a meeting of the trustees of the trust of Sri Guru Nanak Seva Trust, Sector 22, Chandigarh, constituted by Trust deed dated 5 March 2018 (the Organisation), held on 1 April 2026 at Trust office, Sector 22, Chandigarh.
PRESENT
Harpreet Singh, Naina Kaur, Gurpreet Singh. Harpreet Singh took the chair. The meeting had the quorum that the Organisation's trust deed or rules require, and it was called in the way they require.
RESOLVED
It was resolved that the Organisation open a savings account in its own name with A named bank, Sector 17, Chandigarh branch (the Bank), for the Organisation's money received for its charitable objects, and that no money of the Organisation be kept in a personal account of any trustee, member or office-bearer.
It was further resolved that the following persons are the authorised signatories for the account: Harpreet Singh, Chairperson; Gurpreet Singh, Treasurer. The account is operated by any one of the authorised signatories acting alone. Harpreet Singh is authorised to sign the Bank's account-opening forms and to give the Bank the Organisation's registration papers, PAN and identity papers of the signatories as the Bank asks.
It was further resolved that this authority continues until a later resolution of the same kind changes it and a certified copy of that later resolution reaches the Bank, and that the Bank may rely on this resolution until then.
Presiding person: Harpreet Singh
CERTIFIED TRUE COPY
I certify that this is a true copy of a resolution passed at the meeting of the trustees of the trust of Sri Guru Nanak Seva Trust held on 1 April 2026, that it is recorded in the minutes, and that it has not been cancelled or changed.
Certified by: Naina Kaur, Secretary
LEGAL BASIS
Punjab and Chandigarh: The Organisation acts through the persons its trust deed or rules authorise. This resolution is valid only if the meeting was called and held as the trust deed or the rules require, and it does not give any signatory a right in the Organisation's money beyond operating the account for its objects. The Bank's own requirements for opening and operating the account, including identity papers for each signatory, are separate and apply as the Bank states.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023.
The purpose of collecting personal data in this bank account resolution is to record who decided to open the account and who may operate it, and to support the Bank's checks on the Organisation and its signatories.
The record will be held by Kaagazaat and may be shared with the trustees or office-bearers, the Bank and the advocate or accountant helping with the account.
If the matter does not proceed, the personal data will be retained for 90 days and then erased. If the matter proceeds, the record will be retained for the matter plus 12 months, except where a statute requires a longer named retention period.