hi ours is a organisation with 50 plus employee and throughout India we have sales staff who visits colleges as even develop our own e learning syllabus and the sales staff will sell the product at colleges my query is can those sales persons can be given authority to sign and hold of rubber stamp with full address of registered address and can we make multiple rubber stamp to use in sales as some times the sales persons has to decide on the spot if those persons uses rubber stamp thus any legal problem will arise as per companies act is there any problems
Menu
Rubber stamp
Replies (1)
A Company being an Artificial Person cannot sign for itself. Therefore the law provides for the use Common seal as a substitute of its signature. It serves as the token of the Company’s approval of documents and it shall be binding on the Company.
Recent Topics :
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
Related Topics :
CAclubindia
