What are the CDD Measures for Company as per PMLA Act 2002?
Updated
In case the customer is a company following documents are required for due diligence
Certificate of incorporation;
Memorandum and Articles of Association;
Permanent Account Number of the company;
a resolution from the Board of Directors and power of attorney granted to its managers, officers or employees to transact on its behalf; and
a resolution from the Board of Directors and power of attorney granted to its managers, officers or employees, as the case may be, to transact on its behalf; and
KYC documents as are required for an individual relating to beneficial owner, managers, officers or employees, as the case may be, holding an attorney to transact on the company's behalf.
