Issue of Power of attorney by Holding co. to its international wholly owned subsidiary
Sumit Kumar (Student) (25 Points)
20 July 2023Sumit Kumar (Student) (25 Points)
20 July 2023
Jatin Bajaj
(CS)
(2930 Points)
Replied 21 July 2023
Yes, a holding Company can issue the power of attorney to the Director of a Subsidiary Company. POA authorizes the director to act on behalf of the holding company in legal matters and make decisions on its behalf.
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