Directors of Pvt. ltd co. can be authorized representative?

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A user is filling out a Startup India form and is unsure if a director can act as the authorised representative for their Pvt. Ltd. company. They have four co-founders, two of whom are directors and shareholders, and one director is the authorised signatory. The form's note about the letter of authorisation not being signed by the nominee has caused confusion. The advice given is that a director can indeed be the authorised representative, and the other director should sign the authorisation letter.

Anish Kumar

Anish Kumar (Querist)

10 May 2022 Hello,

I was filling the startup India form in which it asked me for an authorized representative of the company. I wanted to explain my company's hierarchy.

We are 4 co-founders who successfully formed a Pvt. ltd company having equal shares each in which 2 are the directors A&B and the remaining 2 are shareholders C&D and Director A is the authorized signatory for all the decisions related to business and finance.

The startup India form it is asking for the authorized representative of the entity. I am confused about whether the director can be an authorized representative or if I have to assign anyone from the shareholders?

kindly help me with this doubt.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

11 May 2022 Director can be authorised representative.
Give name of director A as authorised representative.

Anish Kumar

Anish Kumar (Querist)

13 May 2022 Okk. Actually in that format it was mentioned that:

Note: The letter of Authorization cannot be signed by the person nominated by the entity. It should be signed by another person from the entity as given in the prescribed format. Only in case of OPC, directors can authorize themselves.

By looking into this I got confused whether I can become the Authorize representative of the entity or I have to nominate someone from shareholders.?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

13 May 2022 You can be authorised representative.
Ask the other director to sign your authorisation letter.

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