Legal Question in Banking Law in India

can a power of attorney be executed in favour of partnership firm represented by its managing partner. If such a POA is executed what is its legal effect


Asked on 12/03/13, 9:03 am

1 Answer from Attorneys

yes. POA can be issued in favor of Partnership firm. the person who is authorized to sign on behalf of the firm can execute the same

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Answered on 12/03/13, 7:23 pm


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