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Authorizing an employee for signing LPOs

Dear Sir,

Is it a legal requirement that all purchase orders and agreements should be signed off by the GM/CEO based on the POA provided by the Shareholders and notarized by the Courts?

Would it be legally binding where the PO is signed by any other employee of the company who has been authorised through a shareholder resolution (but not notarized by the Court)?

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10 Sep 2018, 07:00

Dear Questioner,

With reference to your inquiry,

Kindly be informed that, as per the given info, the said authorized employee can definitely sign the LPOs issued from the company, as long as his authorization proceedings were correct (e.g.: via a board resolution or so), provided that it is allowed in the company's Memorandum of Association (MOA).

In order to confirm the same, we shall need to review the company's relevant documentation.

For reasons of confidentiality, please contact us via (elkhatib.legal@outlook.com).

Kind regards.

10 Sep 2018, 07:15

Thanks for your response.

Just to clarify, the CEO can sign, but can the other employee sign based on the shareholder resolution even though it is not notarized?

Regards

10 Sep 2018, 07:20

Most welcome.

Although the given info is not sufficient, I can say that it is okay whenever the CEO authorizes it (e.g.: not challenging it).

Once again, I am reiterating that, in order to confirm the same, we shall need to review the company's relevant documentation.

You can easily reach us on (elkhatib.legal@outlook.com) since we are not always available here.

Kind regards.

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