Can a sole proprietor authorize another person to act as sole proprietor of his firm
Apoorva
(Querist) 07 January 2017
This query is : Resolved
Dear all, Please guide me in following:
1.Can a sole proprietor authorize another person to act as sole proprietor of his branch office ? 2.Also if such authorization is made, is it necessary to do such authorization through power of attorney?
Guest
(Expert) 07 January 2017
Yes.Consult a Local good advocate with all Details/Informations.
Apoorva
(Querist) 07 January 2017
Sir, can the authorization to act as sole proprietor be made through a certificate certifying the same and not a power of attorney ?
Guest
(Expert) 07 January 2017
Ms. Apoorva,
You may better check the meaning of the term 'proprietor' in some standard dictionary to find the answer to your question.
Guest
(Expert) 07 January 2017
Once you Transfer the Ownership Your Ownership will not Exist Further.
Guest
(Expert) 07 January 2017
When you Appoint him thro Power of Attorney for a Particular Period His rights will be Over on completion of that Period subject to the Fulfilling the Clauses by him Mentioned in POA.
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