Some banks may require from a proprietary business organisation a certification from a Chartered Accountant in whole time practice for opening of an account with the bank.
This is generally required in case the proprietary concern does not have any other valid statutory document viz. shop act registration, registered lease, etc.
Here is a format of such a CA certificate addressed to the bank certifying the existence of the proprietary concern in order to enable the business to open a current account with a bank.
SAMPLE
Date: ...............
To
The Manager
................ Bank
............. Branch
Dear Sir/ Madam,
This is to certify that Mr./ Ms. ....................... is the proprietor/ proprietress of (Name of the Business) having its office at (Address). His/Her PAN is ...................
The aforesaid proprietary concern is engaged in the business of (Nature of Business) since (Date).
This certificate is being issued to enable the proprietary concern to open a current account with ............ Bank.
The aforesaid facts and statements have been verified by me/us based on relevant statutory records and documents and are certified to be true and correct to the best of my/our knowledge and belief.
For (Name of the Firm)
Chartered Accountants
Firm Regn. No. ............
signature
(Name of the Chartered Accountant)
Chartered Accountant
Partner
Membership Number: ...............
(Firm Rubber Stamp)
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