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

Others 350 views 3 replies
Can holding co. issues POA to Director of its wholly owned subsidiary co. to carry works.
Replies (3)
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.

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