Issue of Power of attorney by Holding co. to its international wholly owned subsidiary

Can holding co. issues POA to Director of its wholly owned subsidiary co. to carry works.
Replies (3)
Quick Summary
This discussion confirms that a holding company can indeed issue a Power of Attorney (POA) to a director of its wholly-owned subsidiary. This authorisation allows the subsidiary's director to act on behalf of the holding company in legal matters and make decisions. It's a common practice for facilitating operations.

Possible.

Yes, a holding Company can issue the power of attorney to the Director of a Subsidiary Company. POA authorizes the director to act on behalf of the holding company in legal matters and make decisions on its behalf.

Thanks all

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