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Memorandum of association Whether general authorised agent can sign memorandum or any amendment thereto on behalf of subscriber

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Full Text of the Document

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....has been brought to the notice of the Company Law Board that some Registrars of Companies have been insisting that the memorandum of association of a company and any amendments thereto should be signed by the subscribers themselves and not through their constituted attorneys and that this is causing some practical difficulties, especially where some of the subscribers to the memorandum are foreign....

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Full Text of the Document

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....tated that "An agent may sign the memorandum on behalf of a subscriber if he is authorised by a power of attorney to do so." A suggestion has also been made to the Company Law Board that it would be helpful to promoters if the Registrar could scrutinise and approve the draft memorandum and articles of a proposed company before they are presented to him for registration. Though it may not be possi....