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Can a foreign company giver power of attaoney to a pernson

venkat (manager) (88 Points)

19 September 2013

can a company which is incorporated in Singapore give genaral power of attoney to a person residing in india?it is engaged in coal trading.it has a subsidary company in Indai.can the singapore company give pwoer of attorney to the subsidary company instead of any other person.

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CA. Kunal Lakhotia (ACA) (1006 Points)
Replied 19 September 2013

Yes singapore company can give PoA to a person in India provided the same is apostiled by Indian embassy in Singapore

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venkat (manager) (88 Points)
Replied 19 September 2013

Thanks a lot.

Sir do we need any resolutions (board or company) for the issue of GPA by the Foreign company.can the subsidary company be the GPA Holder?if yes how to excersie the GPA .do we need any resoultionns for the same.