Lease Agreement

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A steel manufacturing company needs to register a five-year lease agreement for its plant and machinery. Due to COVID-19 travel restrictions, a director residing in Chennai cannot attend the registration in Namakkal. The question is whether this director can authorise their manager, who lives in Namakkal, to sign the document on their behalf. The advice given is that a manager can sign through a power of attorney, but a copy of the board resolution authorising the manager to sign related papers will also be necessary.

sankar ponnan

sankar ponnan (Querist)
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07 July 2020 SIR
A Steel manufacturing company leased its plant and machinery for a period of five years by the lease agreement to another company for the purpose of manufacturing in Namakkal.
To register the lease agreement in sub-registrar office, directors of both the companies should sign the document in sub-registrar office.

Unfortunately,one of the director who resides in Chennai, is not able to come to the sub- registrar office, Namakkal as covid-19.

At this time, Can that director appoint his manager who resides in namakkal to sign at the time of registration?

Thanks in adv