When a corporation is doing business, it must duly authorize each transaction. Entering contracts, concluding loans and endorsing checks or drafts all require the signature of a corporate officer with ...
In today’s dynamic financial environment, securing optimal financing terms and maintaining strong relationships across the funding ecosystem can prove challenging. Credit strength is very important, ...
Multinational corporates who deal with multiple banks face problems when they need to create a new signatory or amend an existing set-up, or when they need to gain an overview of who can sign for what ...
Any authorized check signatory should be extra cautious in signing checks on behalf of the company as he or she may incur individual criminal and civil liability for obligations that are not ...
Accounts Payable (AP) has historically been a transactional engine for organisations. For some, this is still the case but there has been a marked shift in many organisations whereby AP has evolved ...
Mumbai: In a landmark judgment, the Bombay high court on Wednesday held that in case of corporates issuing cheques that bounce, the authorised signatory is not the ‘drawer’ and not liable to pay ...
The Bombay High Court has ruled that in a cheque bounce case, where the cheque issued by a company is dishonoured, the signatory of the cheque, authorized by the "Company", is not the “drawer” and is ...
As guarantee to sanction the facilities to the company, bank is asking to submit an undated blank signed cheque. Can I issue such a blank cheque? A) As the authorised signatory of the company you are ...
MANILA, Philippines — Senate President Pro Tempore Win Gatchalian on Wednesday said financial institutions have recognized him as the authorized signatory for Senate financial transactions. Gatchalian ...
The Office of Research & Innovation is the designated signatory for all proposals submitted on behalf of Drexel University and the Drexel University College of Medicine. The Authorized Organizational ...
In a landmark judgment, the Bombay high court on Wednesday held that in case of corporates issuing cheques that bounce, the authorised signatory is not the ‘drawer’ and not liable to pay interim ...
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