Kaagazaat

Power of Attorney by a Company

At a glance

Price
Free, always.
Stamp duty
A power of attorney is chargeable with stamp duty.
Registration
Not required for a power confined to ordinary company work.
Witnesses
Two adult witnesses are asked for below, as ordinary good practice.

Free

Free, always.

Free: up to 5 documents a day.

Guided questions, full draft on screen, download in Word.

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Also called

  • Company POA
  • corporate power of attorney
  • POA by a private limited company
  • POA by a company through its director
  • authority to represent company
  • Company mukhtiarnama
  • Attorney appointed by company
  • Authorised representative of company

When you need it

A company (private or public limited) wants a named person to act for it in a defined matter: signing particular papers, dealing with a government office, a bank or a tax department, or appearing in one matter. The company signs through a director or officer whom its board has authorised by resolution, and the resolution is attached.

Read more

It is a revocable power for a defined matter, not a handing over of the company's whole business. It is signed once for the company by its authorised officer, so the Attorney should check that the board resolution really covers the acts listed. Not for the resolution itself: see Board Resolution Authorising Signatory. Not for an individual or a sole proprietor: see the Special Power of Attorney. A partnership firm, LLP or society needs its own authorisation, not this document.

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See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

A power of attorney is chargeable with stamp duty. In Punjab and Chandigarh the amount depends on what the power covers, and this document prints no figure. Confirm the current amount at the Sub-Registrar’s counter or an authorised e-stamp vendor before you buy stamp paper.

Registration

Not required for a power confined to ordinary company work. If the power will be used to deal with immovable property, for example to sign or present a document for registration, the Sub-Registrar will usually want it executed and authenticated as ss.32 and 33 of the Registration Act, 1908 require; ask the office before you sign.

Notarisation

Sign before a Notary Public in Punjab or Chandigarh. Offices and banks usually expect this. If you sign outside India, the document normally needs consular attestation or an apostille before it is accepted here; check what the receiving office wants. Attach a copy of the board resolution, certified as a true copy by a director or the company secretary.

Witnesses

Two adult witnesses are asked for below, as ordinary good practice. Use the company’s seal as well if it has one.

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Sample preview — placeholder answers, not your data

POWER OF ATTORNEY BY A COMPANY

Sandhu Estates Private Limited, CIN X, a company having its registered office at SCO 12, Sector 17-C, Chandigarh 160017 (the "Company"), acting through Amarjit Singh Sandhu, Director, who is authorised by a resolution of the Company's board of directors dated 2 April 2026, a copy of which is attached, appoints, constitutes and nominates:

Jaspreet Singh Sandhu, son/daughter/wife of Sh. Harbans Singh Sandhu, of House No. 22, Phase 3B1, Mohali 160059, who is the Company's Manager (Accounts) (the "Attorney"),

to be the Company's true and lawful attorney, in the Company's name and on its behalf, for the matter described below, upon the terms of this Power.

  1. 1. WHAT THE ATTORNEY MAY DO

1.1 The Attorney may do the specific acts described below on behalf of the Company: Sign and submit the company’s application for a trade licence and receive the licence from the Municipal Corporation, Chandigarh.

1.2 The offices and authorities involved are: Municipal Corporation, Chandigarh.

1.3 The Attorney shall not commit or pay more than ₹5,00,000 (Rupees Five Lakh only) for the Company under this Power without a fresh written authority from the Company.

1.4 The Attorney has no authority under this Power over any other matter of the Company.

  1. 2. WHAT THE ATTORNEY MAY NOT DO

2.1 Unless the matter in clause 1.1 expressly says so, the Attorney shall not sell, mortgage, lease or give away any property of the Company, borrow money or give a guarantee for the Company, issue or transfer shares, or sign any document on a matter the board has reserved to itself.

2.2 Every payment shall be made from the Company's own bank account, and every receipt shall be in the Company's name.

  1. 3. REVOCABLE, AND WHEN IT ENDS

3.1 This is an ordinary power of attorney. The Company may revoke it at any time by written notice to the Attorney, under s.203 of the Indian Contract Act, 1872. It also ends if the Company is wound up or dissolved, or when the matter in clause 1.1 is completed, whatever clause 4 says about its stated duration. It is not a power coupled with an interest.

3.2 The signatory ceasing to be a director or officer of the Company does not end this Power; only a written revocation by the Company does.

  1. 4. DURATION

4.1 This Power remains valid until the Principal revokes it in writing

  1. 5. GENERAL

5.1 The Attorney shall act honestly and in the Company's interest, shall report to the Company when it asks, and shall keep a written account of every sum received or paid under this Power.

5.2 The Attorney may not hand this Power over to another person (sub-delegate it).

5.3 This Power is governed by the laws of India, and the courts at Chandigarh alone have jurisdiction over any dispute arising from it. If any provision is held invalid, the rest continues in effect.

Questions about this document

Does the Power of Attorney by a Company need stamp paper or stamp duty in Punjab and Chandigarh?

A power of attorney is chargeable with stamp duty.

See the full position on stamp duty, registration and witnesses
Does the Power of Attorney by a Company need registration in Punjab and Chandigarh?

Not required for a power confined to ordinary company work.

See the full position on stamp duty, registration and witnesses
What does the Power of Attorney by a Company cost on Kaagazaat?

Free, always.

Does the Power of Attorney by a Company need witnesses?

Two adult witnesses are asked for below, as ordinary good practice.

See the full position on stamp duty, registration and witnesses

Often needed with this document

Back to Power of attorney and authorising someone to act

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