Frnds,
Pls tell me, to authorise a person to sign on a rent agreement on behalf of the company, is a board resolution is required or POA is required.
Its urgent, pls reply.
Regds,
Shridhi jain
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rent agreement
Replies (8)
Board Resolution is sufficient. No need for POA.
However some Govt Depts insist for POA in which case specific POA may be issued.
Regards,
Jayashree
Dear Shridhi Jain.
Yes Board Resolution is required.
Even for the subject transaction purpose, one can not go for POA, which also is an outcome after a Board Resolution.
Hello Friend,
A BR is a must. However, even if the government authorities insist for a POA, it is only subsequent to a BR.
Board Resolution is sufficient. No need for POA
Board Resloution in itself is POA in favor of the person duly so authorised as per the provisions of Companied Act..
No need to follow any other act.
BR is sufficient, no need of any POA.
Rajeev
Board Resolution is sufficient. Once it is passed it authorises the person to sign the rent agreement.
Board Resolution is sufficient
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