Authorised signatory

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Neha (Querist)
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19 April 2013 Can a person other than Director or Employee of company be appointed as authorised signatory of the company.

Ankit

Ankit (Expert)
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19 April 2013 Dear Neha,

There is no legal restriction on the appointment of an outsider as authorised signatory. this is done so in many cases such as litigations, property matter etc...where the power is given to the lawyers/solicitors etc.

but this has to be done by giving a power of attorney in that person's favour.

- Ankit

Ankur Garg

Ankur Garg (Expert)
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19 April 2013 Yes as suggested by expert, a person other than director or employee can be appointed as authorised signatory. However the same person must be authorised by board resolution or power of attorney according to the situation.

Thanks

Neha

Neha (Querist)
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19 April 2013 Many Thanks for your quick reply.
Can you pls share extract from the act so that I can send it to client.

Would like to ask further for filing TDS return the authorised signatory has to digitally sign it. So an outsider can also be appointed as authorised signatory for that purpose also.

Ankit

Ankit (Expert)
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19 April 2013 Dear Neha,

There is no such provision in the Act.

No, the TDS return cannot be signed by an outsider...it has to be signed by the director only.

Neha

Neha (Querist)
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19 April 2013 Can you pls provide me some text which restricts it

Ankit

Ankit (Expert)
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19 April 2013 But Neha, there is no such provision in the Act

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