Format pack, 4 formats · FV08-D5

Obtaining the LRN, Form ECB 1

The step-by-step route from signed term sheet to first drawdown: approvals, agreement, Form ECB 1 through the designated AD bank, the Loan Registration Number from RBI, and why not a single dollar may arrive before it.

Length
8 pages
Blanks to fill
124
Files
Word and PDF
Law stated to
16 September 2026

The 4 formats inside

  1. 1Board resolution approving an external commercial borrowings.179(3)(c)/(d) · Schedule I, B&L Regulations 201836 blanksOn its own₹149
  2. 2Covering letter to the AD bank, Form ECB 1 for allotment of LRNSchedule I · A.P. (DIR) Circular 23 of 18.02.202636 blanksOn its own₹149
  3. 3CA certificate for Form ECB 1, eligibility and compliance with Schedule ISchedule I · Regulation 3A · B&L Regulations 201835 blanksOn its own₹149
  4. 4Client data sheet for Form ECB 1Firm intake · Schedule I38 blanksOn its own₹149

Read the opening

The first part of “Board resolution approving an external commercial borrowing”, as it downloads. Blanks are highlighted.

Certified true copy of the resolution passed at the meeting of the Board of Directors of [Name of the company] held on [DD.MM.YYYY] at [place / through video conferencing]

APPROVAL OF EXTERNAL COMMERCIAL BORROWING OF [CURRENCY AND AMOUNT] FROM [NAME OF LENDER]

"RESOLVED THAT pursuant to section 179(3)(d) [and section 179(3)(c)] and other applicable provisions of the Companies Act, 2013 and the rules made thereunder, the Articles of Association of the Company, section 6 of the Foreign Exchange Management Act, 1999, and Schedule I to the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018, as substituted by the Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026 (Notification No. FEMA 3(R)(5)/2026-RB dated 09.02.2026), [and subject to the approval of the members by special resolution under section 180(1)(c) / 180(1)(a) / 62(3) of the Companies Act, 2013, where applicable], the consent of the Board be and is hereby accorded to the Company raising an external commercial borrowing ("ECB") on the following principal terms:

9 more paragraphs and tables follow in the full format.

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