General Power Of Attorney By Company To Its Agent
KNOW ALL MEN BY THESE PRESENTS that
M/s. . Ltd., having its Head Office at (here-in-after called the company)
appoint Mr. CL, s/o Mr. ML, r/o , (herein after called the attorney) as its
attorney to do all deed and acts, which the Company is aurthorised to do
through an attorney. The said attorney shall have the power to do the
following:
1. That attorney shall carry out the
business of the company to best of his ability and capacity in the interest of
the work.
2. The attorney shall purchase or
otherwise acquire any movable or immovable property in the interest of the
company.
3. The attorney shall work, manage and
develop the properties or undertakings in the interest of the firm.
4. The attorney shall manage and
supervise manufacture, and sales of the goods in the best interest of the
company.
5. The attorney shall be the over all
in-charge of the staff. He shall appoint, suspend, and terminate Manager,
Accountant, Steno, Typist and peons etc. as and when he thinks proper in the
best interest of the company.
6. The attorney is authorised to enter
into any kind of contract, execute and perform all obligations and receive and
accept all benefits for and on behalf of the company.
7. The attorney is authorised to enter
into, make, sign and do all such agreements, receipts, payments and contracts,
etc. as he thinks proper and expedient in the interest of the company. The
attorney can mortgage property if he thinks proper and expedient for carrying
on affairs of the company smoothly.
8. The attorney shall adjust, settle,
compromise and submit to arbitrators all accounts, debts, claims, demand,
disputes and matters which may a rise between company and persons/persons from
time to time.
9. The attorney shall draw, accept,
endorse, negotiate, retire , pay or satisfy any bills of exchange, promissory
notes, hundis, cheques, drafts etc. which he thinks necessary and expedient in
the interest of the company.
10. That attorney shall draw, accept ,
endorse, negotiate, retire, pay or satisfy any bills of exchange, promissory
notes, hundis, cheques, drafts etc. which he things necessary and expedient in
the interest of the company.
11. The attorney shall borrow from
time to time any sums by pledging movable or immovable properties the company
on such terms and conditions as he thinks proper in the interest of the
company.
12. The attorney shall open a bank
account in the name of the company in any of the Nationalised Bank and shall
operate it as General Manager of the Company. The attorney is authorised to
close the bank account, already running, and open the account to some other
Nationalised bank as and when he thinks it proper in the best interest of the
company.
13. The attorney is empowered to
invest the money of the company in the best interest of the company, as and
when he thinks it proper.
14. The attorney is empowered to
commence and prosecute, and to defend compound and abandon all actions
proceedings, suits and claims in relation to the business and property of the
company. He is empowered to appoint advocate/advocates to look after the matter
in the courts and Government offices.
15. The attorney shall represent the
company before any Department of the State Government or the Central Government
, or before any local authorities and vote at any meeting in any firms, companies,
or Government departments for and on behalf of the company.
16. The attorney shall appoint some
insurance agent for insurance of the stock, buildings, plant and machinery and
other movable and immovable properties.
17. Generally the attorney shall do
all other works concerning with the affairs of the company to the best of his
ability in the best interest of the company.
18. The company agrees that all the
works done by the said attorney shall be binding on the company. I execute this
power of attorney in the presence of the following witnesses.
Witnesses:
1. . For . Ltd.
2. .. Signature..
Director (seal)
Signature of Director
No comments:
Post a Comment