04 November 2010
one of my friend stays in australia and given power of attorney to his brother and his brother is starting a business in partnership with family members as its partner, whether his brother in whose favour power of attorney is executed can sign the partnership deed on his behalf and whether it holds good in the eye of law. the power of attorney executed is a registered. kindly advise its urgent.
06 November 2010
If the power of attorney is specfic than it can be used only for that specific purpose if the power of attorney is absolute than the power of attorney holder can sign the partnership deed and the same is valid in the eye of law
CAclubindia
