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of <h1>Execution of Deeds by Companies: Authorized Individuals May Bind Company Without Common Seal as per 2015 Amendments.</h1> A bill of exchange, hundi, or promissory note is considered executed on behalf of a company if done so by an authorized individual in the company's name. A company can authorize a person, through written consent, to execute deeds on its behalf, with or without a common seal. If the company lacks a common seal, authorization must be given by two directors or a director and the Company Secretary. A deed executed by such an attorney binds the company. Amendments in 2015 adjusted the requirements concerning the use of a common seal and the binding effect of deeds.
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