Authorised execution of financial and legal documents permits designated officials to act for the institution. Regulation 15 empowers the Chairperson, whole-time members, and Chairperson-nominated officers to execute financial and business documents for the ... Summary
Authorised execution of financial and legal documents permits designated officials to act for the institution.
Regulation 15 empowers the Chairperson, whole-time members, and Chairperson-nominated officers to execute financial and business documents for the Authority. This includes dealing with negotiable instruments, securities, property title documents, bills of exchange, accounts, receipts, and connected instruments. Officers specifically authorised by the Chairperson may also sign and verify plaints, written statements, complaints, affidavits, petitions, and other documents connected with legal proceedings.
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