Is authorized signatory a position?

The authorized signatory will be a designated position (ex: Finance Director, Administrator), not a person.

How do I make someone an authorized signatory?

Typically, to designate someone as your authorized signatory, you’ll need to complete a form or document expressly calling out the authorization and its scope.

Who can be an Authorised signatory of a company?

As per Section 21 of Companies Act, 2013 [CA,2013]: a document or proceeding requiring authentication by a company; or contracts made by or on behalf of a company, may be signed by any Key Managerial Personnel [“KMP”] or an Officer or Employee of the company duly authorised by the Board in this behalf.

Who is an authorized signature?

Authorized signature means the signature of an individual who has authority to sign on behalf of, and bind, the applicant.

What is the meaning of authorized person?

More Definitions of Authorized Person Authorized Person means any person (including an investment manager or other agent) who has been designated by written notice from Customer or its designated agent to act on behalf of Customer hereunder.

Who has signatory authority?

More Definitions of Signatory Authority Signatory Authority refers to the individual that has the authority to legally bind a party to an agreement. Signatory Authority refers to the individual that has the authority to legally bind a party to an agreement.

What is authorized signatory list?

Related to Authorized Signatory List. Authorized Signatory means such senior personnel of a Person as may be duly authorized and designated in writing by such Person to execute documents, agreements and instruments on behalf of such Person.

Who is an authorized representative of a company?

An authorized agent or authorized company representative is a person who is a principal executive officer or other corporate officer with signatory powers as per the company’s by-laws or per a vote of the directors if the company is a corporation; a general partner or proprietor if the company is a partnership or sole …

Who is a signatory person?

signatory. / (ˈsɪɡnətərɪ, -trɪ) / noun plural -ries. a person who has signed a document such as a treaty or contract or an organization, state, etc, on whose behalf such a document has been signed.

Who is an Authorised person answer?

Section 2(c) of the Foreign Exchange Management Act or FEMA states that ‘authorized person’ means an authorized dealer, money changer, off-shore banking unit, or any other person authorized under section 10 (1) to deal in foreign exchange and foreign securities.

What does signature of authorized representative mean?

An individual’s signature as an “Authorized Representative of Applicant” is a representation to the lender and to the U.S. government that the signer is authorized to make the certifications, including with respect to the applicant and each owner of 20% or more of the applicant’s equity, contained in the Borrower …

What is another word for signatory?

What is another word for signatory?