Can a shareholder of the Private Limited company Sign a Power of Attroney {for Sale of Land} on behalf of the company?
Ex.
General Power of Attroney {for sale of Land} between
Mr. X
and
M/s. XYZ Pvt Ltd represents by Mr. A { " A" being a Shareholder of the Co.,}
Hi Swetha,
No a shareholder cannot sign documents on behalf of the Company unless he has been authorised in this behalf by the Company acting through its Board of Directors to act as a authorised signatory
CCI
Pro
CAclubindia
