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A Board Resolution For Reactivation Of Bank Account is a crucial corporate document used in Pakistan when a company needs to restore functionality to a bank account that has become inactive or dormant. This type of resolution is typically required when an account has had no transactions for an extended period, leading to its deactivation under banking regulations, or when there have been changes in authorized signatories or operational parameters. The document must comply with the Companies Act 2017, State Bank of Pakistan regulations, and anti-money laundering requirements. It serves as official evidence of the board's decision and provides the bank with necessary authorization and instructions for reactivating the account. This resolution is particularly important in maintaining proper corporate governance and ensuring smooth banking operations for Pakistani companies.

1. Title and Date: Formal title of the resolution and date of the board meeting

2. Company Information: Full legal name of company, registration number, and registered office address

3. Meeting Details: Time, place, and nature of the meeting (regular/special), quorum confirmation

4. Directors Present: List of directors attending the meeting and those absent

5. Chairman: Name of the person chairing the meeting

6. Bank Account Details: Specific details of the account to be reactivated including account number, branch, and bank name

7. Preamble: Background information explaining why the account became inactive and the need for reactivation

8. Resolution Statements: Specific resolutions passed by the board regarding the reactivation

9. Authorized Signatories: Names and details of persons authorized to operate the account

10. Certification: Statement certifying that the resolution was duly passed and recorded