An authorised representative of promoter company, who is authorised for subscripttion for MOA and AOA its subsidiary company on behalf of promoter company. can be also suscribed MOA and AOA of subsidiary comapny as individual capacity also?
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Appointment of director in subsidiary company
Replies (1)
in the incorporation rules, Rule 13(4) proviso states that - person so authorized shall not be subscriber to moa & AOA..
in your case, the body-corporate-promoter should give authorization to another person who is not a subscriber himself..
in your case, the body-corporate-promoter should give authorization to another person who is not a subscriber himself..
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