A board resolution for power of attorney authorises the execution of a power of attorney in favour of a person to act on the company's behalf.
Companies grant a power of attorney to authorise an officer or representative to sign documents, represent the company before authorities and carry out specified acts. The board resolution records the grant and authorises execution of the POA under the signature of a director and/or the common seal of the company.
When is this resolution needed?
Use this when appointing a constituted attorney for registrations, litigation, property matters or routine signing authority.
Who can pass it?
The Board passes the resolution and authorises execution of the power of attorney.
This is a free template for general convenience and not a substitute for professional advice. The resolution must be passed at a duly convened meeting, recorded in the minutes and certified by an authorised signatory. Some matters also require members' approval or specific e-form filings.