Menu
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
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
Recent Topics :
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
Related Topics :
CAclubindia
