Mihir (Wealth Manager) (5293 Points)
25 August 2011Can an employee of a private limited company sign as a authorized signatory on a letter sent to a client/bank etc? In my opinion, an employee informally authorized to send a letter should sign mentioning the employees' designation and not as an authorized signatory.
What is your opinion?
Thanks
valji
(Accounts manager-MBA)
(2150 Points)
Replied 25 August 2011
pass board resolution for the same you can sign document of bank on behalf of company but not cheque
but if the document are more imp then it is always advisable to sign by director
NIRAJ GOEL
(PROP.)
(107 Points)
Replied 25 August 2011
i think he can sign. in case of big companies, the Diretcors giev powers to emplyees to sign and send letters.
moreover to sign cheques on behalf of the Company. i think he can write authorised signatory
however he cannot sign roc papers.
CAclubindia
