Independent and executive director

Page no : 2

Jyoti Aggarwal (COMPANY SECRETARY) (336 Points)
Replied 09 February 2010

Dear Mitali thanks for your reply...

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Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 09 February 2010

Originally posted by : Jyoti
	Hello Frnds, Can anybody tel me that Independant director can be executive director of the company?? And if no, can non executive director is authorised to sign the documents of the company related to property. Pls rply urgently..

Any director can sign on behalf of the company. It is always advisable to put the name of director in the resolution itself. To fix the liability of director particularily in the contracts of serious nature like contract of property specific authorisation is required.

There is no need to change the designation of director merely for the signing of document.