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How to give a general power of attorney of a company to one person


08-Oct-2023 (In Corporate Law)
There is a Pvt Ltd Company where my son and his friend are the Directors. They want to give a General Power of Attorney to me to run the business. I shall not take any money for doing this work. I want to get a draft for this POA checked and approved by a lawyer.
Answers (1)

Answer #1
755 votes
How you are related to the company incorporated under the Company's Act . The chief executive officer duly authorized by BOD through resolution taken in course of meeting of the said BOD can operate business functions of the company.Authority and responsibility of such CEO should be in accordance with the provisions laid down in the Company's Act.The said CEO shall function as Constituted Attorney. You should consult with a duly qualified company secretary for thorough guidance on this issue.

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