What is an authorized representative of a corporation?

An authorized agent or authorized company representative is a person who is a principal executive officer or other corporate officer with signatory powers as per the company’s by-laws or per a vote of the directors if the company is a corporation; a general partner or proprietor if the company is a partnership or sole …

Who can be an Authorised representative of a company?

Clause (b) of sub-section (1) of section 113 provides that where a body corporate is a creditor of a company including a debenture-holder, such body corporate may authorize any person it thinks fit to act as its representative at any meeting of creditors of the company which is being held in pursuance of the provisions …

What is a authorized member?

AUTHORIZED MEMBER means any Member that is authorized in accordance with the terms of the governing documents of the limited liability company of which it is a part to act on behalf of and make binding legal commitments for such limited liability company.

What is an authorized member of an llc?

An authorized member of an LLC is a member (or members) who are authorized by the governing documents to make binding legal commitments on behalf of the LLC.

Who can act on behalf of a company?

In practice, this means that any employee (not only a director) with capacity and authority to sign a contract on behalf of the company can do so as its agent.

What is a duly authorized representative of a company?

Related Definitions Duly authorized representative means somebody who speaks, acts or votes on behalf of others.

What does Authorized Representative mean?

Someone who you choose to act on your behalf with the Marketplace, like a family member or other trusted person. Some authorized representatives may have legal authority to act on your behalf.

Can an Authorised representative appoint a proxy?

Section 105(1) of the Act allows any member of a company entitled to vote at a meeting of the company to appoint another person as proxy to attend and vote on her behalf. A proxy has no right to audience or of being heard at the meeting and hence she is only a representative for voting.

What is the difference between a manager and an authorized member?

(MGR) – The Manager is a person hired to perform the management functions of a manager-managed LLC. (AMBR) – The Authorized Member is an owner of the LLC. (AP) – An Authorized Person is someone authorized to execute and file records on behalf of the LLC. Typically an attorney or accountant.

What is a manager or authorized representative?

Manager/Authorized Representative Manager: a person designated to perform the management functions of a manager-managed limited liability company. Use MGR. Authorized Representative: a person who is authorized to execute and file records with the Division of Corporations.

Is an authorized member an owner of an LLC?

(AMBR) – The Authorized Member is an owner of the LLC. (AP) – An Authorized Person is someone authorized to execute and file records on behalf of the LLC. Typically an attorney or accountant.

What is a manager MGR or or authorized representative AR?

Manager/Authorized Representative Manager: a person designated to perform the management functions of a manager-managed limited liability company. Use MGR. Authorized Representative: a person who is authorized to execute and file records with the Division of Corporations. Use AR.