Directors of Pvt. ltd co. can be authorized representative?
This query is : Resolved
10 May 2022
Hello,
I was filling the startup India form in which it asked me for an authorized representative of the company. I wanted to explain my company's hierarchy.
We are 4 co-founders who successfully formed a Pvt. ltd company having equal shares each in which 2 are the directors A&B and the remaining 2 are shareholders C&D and Director A is the authorized signatory for all the decisions related to business and finance.
The startup India form it is asking for the authorized representative of the entity. I am confused about whether the director can be an authorized representative or if I have to assign anyone from the shareholders?
kindly help me with this doubt.
I was filling the startup India form in which it asked me for an authorized representative of the company. I wanted to explain my company's hierarchy.
We are 4 co-founders who successfully formed a Pvt. ltd company having equal shares each in which 2 are the directors A&B and the remaining 2 are shareholders C&D and Director A is the authorized signatory for all the decisions related to business and finance.
The startup India form it is asking for the authorized representative of the entity. I am confused about whether the director can be an authorized representative or if I have to assign anyone from the shareholders?
kindly help me with this doubt.
11 May 2022
Director can be authorised representative.
Give name of director A as authorised representative.
Give name of director A as authorised representative.
13 May 2022
Okk. Actually in that format it was mentioned that:
Note: The letter of Authorization cannot be signed by the person nominated by the entity. It should be signed by another person from the entity as given in the prescribed format. Only in case of OPC, directors can authorize themselves.
By looking into this I got confused whether I can become the Authorize representative of the entity or I have to nominate someone from shareholders.?
Note: The letter of Authorization cannot be signed by the person nominated by the entity. It should be signed by another person from the entity as given in the prescribed format. Only in case of OPC, directors can authorize themselves.
By looking into this I got confused whether I can become the Authorize representative of the entity or I have to nominate someone from shareholders.?
13 May 2022
You can be authorised representative.
Ask the other director to sign your authorisation letter.
Ask the other director to sign your authorisation letter.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Copyright software
- Value of property in capital gain
- When TDS on GST applied
- Annual return in Gst
- FORM 26A APPLICABILITY
- Before GSTAT- APL-02 Vs APL-04
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
