Legal Question in Civil Litigation in India
can partnership firm execute non registered power of attorney/authority letter to non partner to mortgage/sale the property owned by firm
Asked on 3/13/13, 9:56 pm
4 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
14.03.2013
Dear Sir / Madam,
(Ambadare, Satara. Maharashtra)
Yes ... if a resolution to this effect is agreed to and passed in the meeting by all the partners.
Regards,
FCA Prashant Chavan
Mumbai
(You can also mail me for any further on-line advice at [email protected])
Answered on 3/14/13, 5:42 am
Jayesh Desai
Jayesh Desai
No, for the purposes mentioned a PoA has to be registered.
Answered on 3/15/13, 3:31 am
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