Document background
A Board Resolution To Remove Signatory From Bank Account is a crucial corporate governance document used when a company needs to formally withdraw banking authority from an individual, typically due to retirement, resignation, or change in role. This document, governed by Qatar law, particularly the Commercial Companies Law No. 11 of 2015 and Qatar Central Bank regulations, serves as official evidence of the board's decision and provides banks with the required authorization to implement the change. It must include specific company details, bank account information, clear identification of the signatory being removed, and appropriate certifications. The resolution should be drafted in compliance with both the company's articles of association and Qatari banking requirements, making it essential for maintaining proper financial controls and corporate governance standards.
