Nippon Pipes Private Limited 06 October 2023
Hi,
Is there any case where Rubber stamping of a document/agreement by the Director is required/mandatory to enforce a contract between Two to three Pvt Ltd companies in India for validity in court of law by the Director. Or Just a incomplete signature by the Director can be accepted on an Agreement to become valid for and behalf of the company
Read more at: https://www.lawyersclubindia.com/forum/create_message.asp
T. Kalaiselvan, Advocate (Advocate) 07 October 2023
You mean to say if the agreement is valid or not even if it has been signed but without the seal of the designated authority.
The Companies (Amendment) Act, 2015 made the common seal optional and not mandatory. As per the amendment, all documents that require affixing the common seal can be signed by two directors or one director and a company secretary instead of affixing the common seal.
Dr. J C Vashista (Advocate ) 07 October 2023
The Director is stated to be entering into the agreement for and on behalf of the company, hence is better to put rubber stamp of the company.
Sudhir Kumar, Advocate (Advocate) 10 October 2023
agreeing with above views I will add that nobetter views can be expressed based on the sketchy facts 9rather no facts) provided
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
