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
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Taxability of credit in canara bank ET & T section (NRO)
- Difff in ais receipts and gst turnover
- Banking Related Issue
- TDS on rent received on hardship compensation being rent on redevelopment of building
- NRI INSURANCE ADVISOR
- Traces submitting correction statement error
- Loss of interest in PF transfer from EPFO to Trust
- CLOSING STOCK QUERY
- F&O reporting in ITR
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
