PLEASE HELP ME IN THE FOLLOWING MATTER: A COMAPNY WANT TO AUTHORISE A SHAREHOLER OF THE COMPANY FOR FILING SUIT IN THE COURT RELATED TO THE PROPERTY OF THE COMPANY. SUCH SHAREHOLDER NEITHER THE DIRECTOR NOR THE EMPLOYEE OF THE COMPANY BUT HE IS A RELATIVE OF THE DIRECTORS. CAN SUCH SHAREHOLDER AUTHORISE FOR FILING THE SUIT ON BEHALF OF THE COMPANY.
AND PLEASE ALSO SEND ME THE BOARD RESOLUTION IN THIS REGARD.
29 June 2011
Make him constituted attorney for all matters related to the suit. Ask your lawyer to prepare a specific power of attorney in the name of the shareholder and let him file the suit.