Execution of power of attorney

[Guest]

Can any Director execute General Power of Attorney to some other person/Director to do the following acts, deeds and things like: 1. To represent in meetings and cast vote 2. To sign papers/docs which may be required in the usual course of business in capacity as Director 3. To enjoy all the powers and benefits which in capacity of Director I am entitled to 4. To do all lawful acts necessary for performance of all my duties, obligations, rights and interests as a Director Declaration : I hereby declarate that all such acts, deeds and things that may be done by my above Attorney by virtue of the powers hereby conferred shall be binding on me if done by me in personam and I ratify all such acts that may be done by my above said Power of Attorney holder.

AI Summary

Directors Cannot Delegate Responsibilities via Power of Attorney; Limited to Shareholder Rights and Articles of Association. A query was raised about whether a Director can execute a General Power of Attorney to delegate responsibilities such as representing in meetings, signing documents, and performing duties as a Director. The response indicated that company law does not allow such delegation through a power of attorney. The right of proxy is granted to shareholders, not directors, and the powers and rights of directors are governed by the shareholders or the Articles of Association.