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Deeds signed under power of attorney are not required to be sealed but must be witnessed.
Power of attorney company seal. Power of attorney is a legal document giving a person broad or limited legal authority to make decisions about the principal s property finances or medical care. A power of attorney authorizing a person to use its official seal at a place outside india. Any document as required by liquidator in the event of winding up. The attorney shall appoint some insurance agent for insurance of the stock buildings.
Where acting under a valid power of attorney the attorney has the power to bind the company under deed as if it had been executed under the company s common seal. Another possible but uncommon alternative is section 16 of the e commerce act 2000 which permits that save as provided for in a company s constitution an. A company can grant a power of attorney to any person to act on behalf of the company to include the execution of deeds. The one authorized to act is the agent attorney or in some common law jurisdictions the attorney in fact.
How can the company seal be affixed to a deed without two company officers as witness. A report of the inspector under section 223 of the companies act 2013. The attorney shall represent the company before any department of the state government or the central government or before any local authorities and vote at any meeting in any firms companies or government departments for and on behalf of the company. The person authorizing the other to act is the principal grantor or donor of the power.
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