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Certificate Of Corporate Authority Template for India

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Key Requirements PROMPT example:

Certificate Of Corporate Authority

"I need a Certificate of Corporate Authority for my IT services company based in Bangalore, authorizing our CFO and Finance Director to execute banking transactions up to Rs. 50 crores each, effective from March 1, 2025."

Document background
The Certificate of Corporate Authority is a fundamental corporate governance document used in Indian business operations to formally establish and communicate the authority of specific individuals to represent and act on behalf of a company. This document becomes necessary when companies need to demonstrate the legitimacy of their representatives' actions to external parties, particularly in significant business transactions, banking operations, property dealings, or legal proceedings. The certificate draws its legal basis from the Companies Act, 2013, and typically follows board approval through a resolution. It serves as crucial evidence of corporate authorization and is often requested by banks, government authorities, business partners, and other stakeholders to verify the authenticity of corporate representatives' powers. The document must comply with Indian corporate law requirements and may need additional authentication depending on its intended use, such as for international transactions or regulatory submissions.
Suggested Sections

1. Company Identification: Full legal name of the company, CIN, registered office address, and incorporation details

2. Board Resolution Reference: Reference to the specific board resolution(s) granting the authority, including date and meeting details

3. Authorized Representatives: Details of the individuals authorized to act on behalf of the company, including their names, designations, and specimen signatures

4. Scope of Authority: Specific powers and limitations of authority being certified, including transaction types and monetary limits if applicable

5. Declaration of Validity: Statement confirming that the authority has been properly granted according to company's articles and applicable laws

6. Certificate Issuance Details: Date of issuance, validity period, and certificate reference number

7. Authentication: Company seal, authorized signatory details, and witness signatures if required

Optional Sections

1. Foreign Entity Certification: Additional certifications required when the document is to be used for international transactions or foreign entities

2. Specific Transaction Details: When the certificate is being issued for a specific transaction or project, include relevant details

3. Regulatory Compliance Statement: For regulated industries or listed companies, include statements about compliance with specific regulations

4. Digital Signature Section: When the certificate is being issued electronically, include digital signature specifications and compliance

5. Corporate Group Authority: When authority extends to dealing with subsidiary or group companies, include specific provisions

Suggested Schedules

1. Board Resolution Extract: Certified extract of the relevant board resolution(s) granting the authority

2. Specimen Signatures: Specimen signatures of all authorized representatives mentioned in the certificate

3. Identity Proof Documents: Copies of identity documents of authorized representatives

4. Company Documents: Relevant excerpts from Articles of Association, Memorandum, or other corporate documents supporting the authority

5. Specific Powers Matrix: Detailed matrix of specific powers granted, including any monetary or operational limits

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses




















Relevant Industries

Banking and Financial Services

Manufacturing

Information Technology

Real Estate

Healthcare

Retail and E-commerce

Infrastructure

Telecommunications

Energy and Utilities

Professional Services

Transportation and Logistics

Education

Pharmaceuticals

Mining and Natural Resources

Relevant Teams

Legal

Corporate Secretarial

Compliance

Corporate Affairs

Board Secretariat

Risk Management

Corporate Governance

Executive Management

Finance

Administration

Relevant Roles

Company Secretary

Chief Executive Officer

Managing Director

Board Director

Chief Financial Officer

Legal Counsel

Compliance Officer

Corporate Governance Officer

General Manager

Executive Director

Authorized Signatory

Head of Legal

Corporate Affairs Manager

Risk Management Officer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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