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And I do hereby, agree and undertake to ratify the acts, deeds, matters and things done by the said attorney under this Power of Attorney. In the presence of: 1. (Full Name) (Address) (Sign. Of Witness 1) 2.
Power of attorney can only be given to any person who is capable of executing it in person. A company is a statutory person and not a natural person. So, a power of attorney cannot be made in favour of a company.
Power of attorney can only be given to any person who is capable of executing it in person. A company is a statutory person and not a natural person. So, a power of attorney cannot be made in favour of a company.
Yes it is a valid power of attorney as POA is appointed on behalf of company and the director also signed on behalf of the company.
One must mention the following details on the Power of Attorney format PDF:The name of the principal.The name of the agent.Signature.Details and legal authorities provided to the agent.Other details depending on the Power of Attorney format for authorized signatories.20-Apr-2020