power of attorney

Querist : Anonymous (Querist) 16 March 2010 This query is : Resolved
A company authorised person X to file a Sec 138 Case whether that authorisation letter has to be notaried or not? if yes the authorisation letter given on 10 th March Can it be notaried on todays date

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Guest (Expert) 16 March 2010
Authorisation letter is not proper for filing the complaint. The power of attorney shall be prepared on Rs.20/- Stamp paper and it shall be notarized.

Raj Kumar Makkad (Expert) 16 March 2010
Resolution copy duly stamped by competent authority of the company is more than sufficient for such authorization and no notarization is required for such purpose.

Guest (Expert) 16 March 2010
I do agree with Mr Makkad.no notarization is required for such purpose

Kumar Thadhani (Expert) 16 March 2010
YES I DO AGREE WITH MR. MAKKAD.

B K Raghavendra Rao (Expert) 17 March 2010
Proper authorisation letter by competent authority in the company under the sign and seal of the company is sufficient and notarisation is not required.

Ashok Yadav (Expert) 17 March 2010
A company can authorise a person to do any act on its behalf, through board resolution of the company on its letter head, duly signed by the competent authority of the company, SPA is not required in this matter. And it will not be notarised.

Heaven 2011 (Expert) 17 March 2010
I am agree with Mr A K Yadav. The company can do it either by way of passing the Board resolution or by issuing the power of attorney.

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